Housing Alternatives Inc a Ca Non Profit Public Benefit Corp

Analysis

Housing Alternatives Inc a Ca Non Profit Public Benefit Corp is a registered charity in United States, based in Rocklin, CA. It received its IRS tax-exemption ruling in January 1999, 27 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Housing Alternatives Inc a Ca Non Profit Public Benefit Corp reported income of $833k and spending of $299k, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $444k to $833k (+88%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 344%. Over the whole period it spent 75% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Alternatives Inc a Ca Non Profit Public Benefit Corp sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Miami Beach Senior Citizens Housing Development Corporation Inc ($833k), Repairers of the Breach Inc ($834k) and Village East Retirement Communityinc ($833k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 29% of the total. Compensation of current officers, directors and key employees was $222k (74% of expenses). Other salaries and wages came to $33k. At year end it held assets of $6.6m against liabilities of $179k, net assets of $6.4m. It reported 2 employees.