Housing Trust Placer Inc

Analysis

Housing Trust Placer Inc is a registered charity in United States, based in Roseville, CA. It received its IRS tax-exemption ruling in July 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 (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, Housing Trust Placer Inc reported income of $378k and spending of $84k, leaving 78% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $610k to $378k (-38%), an average of -21% a year. The sharpest change came in the year to December 2022, when income dropped by 61%. Over the whole period it spent 12% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Trust Placer Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Friendly Acres Inc ($378k), L E R Housing Development Fund Corporation ($379k) and George J Leake Housing Inc ($378k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $20k (24% of expenses). At year end it held assets of $2.9m against liabilities of $1.8m, net assets of $1.1m. It reported 1 employees.