Life Plan Humboldt Dba Life Care Humboldt

Analysis

Life Plan Humboldt Dba Life Care Humboldt is a registered charity in United States, based in McKinleyville, CA. It received its IRS tax-exemption ruling in August 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Life Plan Humboldt Dba Life Care Humboldt reported income of $1.7m and spending of $188k, leaving 89% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $471k to $1.7m (+259%), an average of +90% a year. The sharpest change came in the year to December 2023, when income rose by 225%. Over the whole period it spent 11% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Life Plan Humboldt Dba Life Care Humboldt sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Islips Housing Development Fund Company Inc ($1.7m), Housing Fund for Linn County ($1.7m) and Southeast Nebraska Affordable Housing Council Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $2.4m against liabilities of $3,527, net assets of $2.4m.