Homeless Resource Council of the Sierras

Analysis

Homeless Resource Council of the Sierras is a registered charity in United States, based in Auburn, CA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending June 2023, Homeless Resource Council of the Sierras reported income of $7.6m and spending of $5.3m, leaving 31% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.7m to $7.6m (+181%), an average of +41% a year. The sharpest change came in the year to June 2022, when income rose by 197%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Homeless Resource Council of the Sierras sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Calvin Christian School of Escondido Inc ($7.6m), Mount Evans Hospice Inc ($7.6m) and National Indian Council on Aging Inc ($7.6m).

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. Compensation of current officers, directors and key employees was $90k (1.7% of expenses). At year end it held assets of $4.2m against liabilities of $1.5m, net assets of $2.7m. It reported 1 employees.