Housing California

Analysis

Housing California is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in December 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Housing California reported income of $6.9m and spending of $4.2m, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.2m to $6.9m (+64%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 74%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Housing California sits at the 92nd percentile: it is larger than about 92% 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 Great Bay Kids ($6.9m), Catholic Charities of Stockon ($6.9m) and Community Access Network Non Profit Corporation ($6.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $218k (5.2% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $7.5m against liabilities of $826k, net assets of $6.7m. It reported 17 employees.