Calhfa Homeowner Relief Corporation

Analysis

Calhfa Homeowner Relief Corporation is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in May 2023, 3 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 September 2022, Calhfa Homeowner Relief Corporation reported income of $243.3m and spending of $243.3m, spending 100% of its income. Across the 2 years on record, from September 2021 to September 2022, income grew from $5.6m to $243.3m (+4279%), an average of +4279% a year. The sharpest change came in the year to September 2022, when income rose by 4279%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Calhfa Homeowner Relief Corporation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Phi Group Return ($241.9m), Consumer Reports Inc ($249.7m) and Community Strategies Inc ($240.2m).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $815.0m against liabilities of $815.0m, net assets of $1,000.