Two Hundred for Homeownership

Analysis

Two Hundred for Homeownership is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in March 2023, 3 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, Two Hundred for Homeownership reported income of $673k and spending of $662k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $15k to $673k (+4390%), an average of +4390% a year. The sharpest change came in the year to December 2023, when income rose by 4390%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Two Hundred for Homeownership sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Family Promise of Greater Johnson City Inc ($673k), Advocates for Homeless Families Inc ($674k) and Barefield Development Corporation ($673k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,287 against liabilities of $0, net assets of $5,287.