Ramp Housing Inc
Analysis
Ramp Housing Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Ramp Housing Inc reported income of $2.9m and spending of $118k, leaving 96% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $10.2m to $2.9m (-72%), an average of -34% a year. The sharpest change came in the year to June 2022, when income rose by 192703%. Over the whole period it spent 2.0% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ramp Housing Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include S a Y Detroit ($2.9m), Housing First Steps Forward Inc ($2.9m) and Selfhelp Realty Group Inc ($2.9m).
On its Form 990 for the period ending June 2023, revenue came from program service revenue 94% of the total. At year end it held assets of $20.8m against liabilities of $932k, net assets of $19.8m.
Income and spending
Where the income comes from
- Program services 94%
- Other 6.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| S a Y Detroit | Southfield | $2.9m |
| Housing First Steps Forward Inc | Tampa | $2.9m |
| Selfhelp Realty Group Inc | New York | $2.9m |
| Center for Health Design Inc | Concord | $2.9m |