Californians for Homeownership Inc

Analysis

Californians for Homeownership Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Californians for Homeownership Inc reported income of $569k and spending of $550k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $381k to $569k (+49%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 137%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Californians for Homeownership Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Afghans Empowered Corp ($569k), First Baptist Pre-School of Labelle Inc ($569k) and Our Community Food Pantry Inc ($569k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $373k. At year end it held assets of $201k against liabilities of $36k, net assets of $165k. It reported 4 employees.