Homeownership Oc

Analysis

Homeownership Oc is a registered charity in United States, based in Laguna Hills, CA. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Homeownership Oc reported income of $433k and spending of $228k, leaving 47% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $257k to $433k (+69%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 66%. Over the whole period it spent 41% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Homeownership Oc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Splendor Bilingual Montessori School Inc ($433k), Missouri Association of Student Councils ($433k) and Main Family Resource Center ($433k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.2% of the total. Other salaries and wages came to $149k. At year end it held assets of $718k against liabilities of $1,491, net assets of $716k. It reported 3 employees.