Abram Housing Corporation

Analysis

Abram Housing Corporation is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in June 2004, 22 years ago. 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 September 2024, Abram Housing Corporation reported income of $772k and spending of $752k, spending 97% of its income. Across the 6 years on record, from September 2019 to September 2024, income grew from $461k to $772k (+68%), an average of +11% a year. The sharpest change came in the year to September 2024, when income rose by 57%. Over the whole period it spent 147% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Abram Housing Corporation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include International Cytokine and Interferon Society Inc ($772k), Old Opera House Theatre Company Inc ($772k) and Alumni Assoc of State U Albany ($772k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 41% and program service revenue 24% of the total. Other salaries and wages came to $78k. At year end it held assets of $5.9m against liabilities of $10.2m, net assets of -$4.3m. It reported 3 employees.