SDHC Building Opportunities Inc

Analysis

SDHC Building Opportunities Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, SDHC Building Opportunities Inc reported income of $181k and spending of $185k, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $366k to $181k (-51%), an average of -21% a year. The sharpest change came in the year to June 2022, when income rose by 204%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, SDHC Building Opportunities Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Cairo Development Foundation Inc ($181k), Friends of Californians with Disabilities ($181k) and Planting Possibilities ($181k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $175 against liabilities of $0, net assets of $175.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.