California Homebuilding Foundation

Analysis

California Homebuilding Foundation is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in October 1979, 47 years ago. Its declared purposes cover education, which this site groups under education and training. 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, California Homebuilding Foundation reported income of $1.2m and spending of $1.3m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $1.2m (-61%), an average of -21% a year. The sharpest change came in the year to December 2022, when income dropped by 73%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, California Homebuilding Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include School Services of Montana ($1.2m), The Spiral School Inc ($1.2m) and Limitless Horizons Ixil Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 5.0% of the total. Compensation of current officers, directors and key employees was $143k (11% of expenses). Other salaries and wages came to $496k. It paid $14k in professional fundraising fees. At year end it held assets of $12.7m against liabilities of $224k, net assets of $12.5m. It reported 11 employees.