San Luis Obispo Nonprofit Housing Corporation

Analysis

San Luis Obispo Nonprofit Housing Corporation is a registered charity in United States, based in SN Luis Obisp, CA. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover unknown, 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 December 2023, San Luis Obispo Nonprofit Housing Corporation reported income of $3.4m and spending of $2.8m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $3.4m (+126%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 618%. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Luis Obispo Nonprofit Housing Corporation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include University of North Carolina at Greensboro Weatherspoon Arts Found ($3.4m), Native American Advancement Corp ($3.4m) and A Womans Place ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 74% of the total. At year end it held assets of $29.7m against liabilities of $12.9m, net assets of $16.8m. It reported 1 employees.