Kingdom Builders Transitional Housing Program

Analysis

Kingdom Builders Transitional Housing Program is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in July 2021, 5 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, Kingdom Builders Transitional Housing Program reported income of $3.2m and spending of $3.0m, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.8m to $3.2m (+78%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 285%. Over the whole period it spent 56% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Kingdom Builders Transitional Housing Program sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Archway Housing & Services Inc ($3.2m), Concord Homes Inc ($3.2m) and San Jose Grail Family Services ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $13.2m against liabilities of $7.6m, net assets of $5.6m.