World Housing Inc

Analysis

World Housing Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in March 2017, 9 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 (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, World Housing Inc reported income of $344k and spending of $380k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $163k to $344k (+111%), an average of +111% a year. The sharpest change came in the year to December 2023, when income rose by 111%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, World Housing Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Loving Hands Childrens Home ($343k), United Church Residences of Ellicott New York Inc ($344k) and Greater Faith Community Action Corporation ($343k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. At year end it held assets of $72k against liabilities of $8,915, net assets of $64k.