Welcoming Interim Shared Housing

Analysis

Welcoming Interim Shared Housing is a registered charity in United States, based in Culver City, CA. It received its IRS tax-exemption ruling in February 2021, 5 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, Welcoming Interim Shared Housing reported income of $177k and spending of $152k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $25k to $177k (+602%), an average of +602% a year. The sharpest change came in the year to December 2023, when income rose by 602%. Over the whole period it spent 83% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Welcoming Interim Shared Housing sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Cuped Corporation ($177k), Friends of St Lukes Inc ($177k) and Sanctuary of Williams County Inc ($177k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.