House of Pop Squally

Analysis

House of Pop Squally is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, House of Pop Squally reported income of $52k and spending of $36k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $73k to $52k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, House of Pop Squally sits at the 12th percentile: it is larger than about 12% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include Elinor Sanchez Supportive Housing Corp ($52k), Rochdale Association Incorporated ($53k) and Drew County Housing Inc ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. At year end it held assets of $28k against liabilities of $20k, net assets of $7,428.