Bay Area Community Services Housing Corporation

Analysis

Bay Area Community Services Housing Corporation is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bay Area Community Services Housing Corporation reported income of $20.8m and spending of $3.1m, leaving 85% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $613k to $20.8m (+3294%), an average of +141% a year. The sharpest change came in the year to June 2023, when income rose by 653%. Over the whole period it spent 35% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bay Area Community Services Housing Corporation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Friendship Place ($20.7m), Middlesex Human Service Agency Inc ($20.8m) and Covenant Living at the Holmstad ($20.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Other salaries and wages came to $85k. At year end it held assets of $51.6m against liabilities of $78k, net assets of $51.6m.