Ellison I Housing Corporation

Analysis

Ellison I Housing Corporation is a registered charity in United States, based in Chico, CA. It received its IRS tax-exemption ruling in December 1997, 29 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 under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ellison I Housing Corporation reported income of $627k and spending of $769k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $450k to $627k (+39%), an average of +8.7% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 123% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ellison I Housing Corporation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include BT of Ark Inc ($627k), Metropolitan Housing and Community Development Corporation ($627k) and Georgia Advancing Communities Together Inc ($627k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $149k. At year end it held assets of $3.0m against liabilities of $6.0m, net assets of -$3.0m.