Housing Solutions

Analysis

Housing Solutions is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in November 2013, 13 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 2021, Housing Solutions reported income of $123k and spending of $70k, leaving 43% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $59k to $123k (+108%), an average of +44% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 76% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Solutions sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Esct Austin Housing II Inc ($123k), JFM No 2 Corp ($123k) and New Anchor Foundation ($123k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $2.3m against liabilities of $209k, net assets of $2.1m.