State Housing & Community Services Corporation

Analysis

State Housing & Community Services Corporation is a registered charity in United States, based in Rocklin, CA. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, State Housing & Community Services Corporation reported income of $3.8m and spending of $6.8m, spending 180% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $11.3m to $3.8m (-66%), an average of -66% a year. The sharpest change came in the year to December 2022, when income dropped by 66%. Over the whole period it spent 126% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, State Housing & Community Services Corporation sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include First Tennessee Development District Foundation ($3.8m), Park View Community Mission Inc ($3.8m) and Pads to Hope Inc ($3.8m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 93% of the total. At year end it held assets of $57.9m against liabilities of $62.6m, net assets of -$4.6m.