Hope Through Housing Foundation

Analysis

Hope Through Housing Foundation is a registered charity in United States, based in RCH Cucamonga, CA. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hope Through Housing Foundation reported income of $7.6m and spending of $7.5m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.2m to $7.6m (+80%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Through Housing Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Catholic Charities Inc ($7.6m), Power to Decide ($7.7m) and Federation Day Care Services ($7.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $690k (9.3% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $6.1m against liabilities of $889k, net assets of $5.2m.