Housing El Dorado

Analysis

Housing El Dorado is a registered charity in United States, based in Placerville, CA. It received its IRS tax-exemption ruling in June 2022, 4 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 June 2023, Housing El Dorado reported income of $559k and spending of $214k, leaving 62% of income unspent that year. Across the 2 years on record, from June 2021 to June 2023, income grew from $76k to $559k (+632%), an average of +632% a year. The sharpest change came in the year to June 2023, when income rose by 632%. Over the whole period it spent 45% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Housing El Dorado sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Texoma Family Shelter ($559k), Youth and Community Recreation Center of East Central Illinois in ($559k) and Incorporated Senior Citizens of Sierra County ($559k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 2.1% of the total. Other salaries and wages came to $92k. At year end it held assets of $452k against liabilities of $22k, net assets of $430k. It reported 10 employees.