Rebuilding Together of the City of Angels

Analysis

Rebuilding Together of the City of Angels is a registered charity in United States, based in Studio City, CA. It received its IRS tax-exemption ruling in November 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, Rebuilding Together of the City of Angels reported income of $114k and spending of $99k, spending 86% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $405k to $114k (-72%), an average of -47% a year. The sharpest change came in the year to December 2022, when income dropped by 53%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rebuilding Together of the City of Angels sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Stillwaters at Riverside ($114k), Shasta Manor ($114k) and Dima IV Inc ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $18k against liabilities of $19k, net assets of -$181.