Housing Trust Fund Ventura County
Analysis
Housing Trust Fund Ventura County is a registered charity in United States, based in Camarillo, CA. It received its IRS tax-exemption ruling in March 2012, 14 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, Housing Trust Fund Ventura County reported income of $4.1m and spending of $769k, leaving 81% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $433k to $4.1m (+853%), an average of +76% a year. The sharpest change came in the year to December 2021, when income rose by 432%. Over the whole period it spent 19% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Trust Fund Ventura County sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($4.1m), Newvue Communities Inc ($4.1m) and India Home Inc ($4.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $141k (18% of expenses). Other salaries and wages came to $141k. At year end it held assets of $20.9m against liabilities of $6.3m, net assets of $14.7m. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 85%
- Program services 1.5%
- Other 14%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Habitat for Humanity International Inc | Oxnard | $4.1m |
| Newvue Communities Inc | Fitchburg | $4.1m |
| India Home Inc | Jamaica | $4.1m |
| JL Young Apartments | Tampa | $4.1m |