Starting Over Inc

Analysis

Starting Over Inc is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in January 2010, 16 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, Starting Over Inc reported income of $4.8m and spending of $3.9m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $4.8m (+285%), an average of +40% a year. The sharpest change came in the year to December 2022, when income rose by 107%. Over the whole period it spent 80% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Starting Over Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Agewise Living Inc ($4.8m), Homes in Partnership Inc ($4.8m) and WRC Health Care Support Services ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $120k (3.1% of expenses). At year end it held assets of $3.7m against liabilities of $1.1m, net assets of $2.5m. It reported 38 employees.