Betty Kwan Chinn Homeless Foundation

Analysis

Betty Kwan Chinn Homeless Foundation is a registered charity in United States, based in Eureka, CA. It received its IRS tax-exemption ruling in July 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 (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, Betty Kwan Chinn Homeless Foundation reported income of $995k and spending of $1.1m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $967k to $995k (+2.9%), an average of +0.7% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 82% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Betty Kwan Chinn Homeless Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Lake Cumberland Housing Agency Inc ($994k), Dry Bones Denver ($996k) and Life House Recovery Homes Inc ($994k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $657k. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.