Ikaika Ohana

Analysis

Ikaika Ohana is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in December 2009, 17 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, Ikaika Ohana reported income of $8.1m and spending of $1.1m, leaving 86% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $784k to $8.1m (+930%), an average of +79% a year. The sharpest change came in the year to December 2020, when income rose by 1225%. Over the whole period it spent 14% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ikaika Ohana sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Network for Oregon Affordable Housing ($8.1m), Turk Street Inc ($8.1m) and Operation Dignity Inc ($8.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.1% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $273k (25% of expenses). Other salaries and wages came to $271k. At year end it held assets of $37.1m against liabilities of $1.9m, net assets of $35.2m.