Octavia Court Inc

Analysis

Octavia Court Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 2008, 18 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, Octavia Court Inc reported income of $342k and spending of $797k, spending 233% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $270k to $342k (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 202% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Octavia Court Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Rebuilding Together Hartford Inc ($342k), Carpenter Housing Development Fund Co Inc ($342k) and O U R Passion ($342k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. Other salaries and wages came to $92k. At year end it held assets of $8.0m against liabilities of $7.7m, net assets of $383k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.