Augusta Homes

Analysis

Augusta Homes is a registered charity in United States, based in Upland, CA. It received its IRS tax-exemption ruling in September 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Augusta Homes reported income of $10.4m and spending of $8.7m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.6m to $10.4m (+22%), an average of +5.0% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Augusta Homes sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Casa ($10.4m), The Crenulated Company Ltd ($10.4m) and Proud Ground ($10.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 90% of the total. Compensation of current officers, directors and key employees was $420k (4.8% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $60.3m against liabilities of $47.4m, net assets of $13.0m. It reported 7 employees.