Housing Development & Neighborhood Preservation Corporation-Ocd

Analysis

Housing Development & Neighborhood Preservation Corporation-Ocd is a registered charity in United States, based in Orinda, CA. It received its IRS tax-exemption ruling in July 1979, 47 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, Housing Development & Neighborhood Preservation Corporation-Ocd reported income of $2.7m and spending of $2.2m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $2.7m (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Development & Neighborhood Preservation Corporation-Ocd sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Shalom Towers Inc ($2.6m), Jcha Housing and Development Corporation ($2.7m) and Corvallis Caring Place ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $465k (21% of expenses). Other salaries and wages came to $179k. At year end it held assets of $4.2m against liabilities of $4.5m, net assets of -$351k. It reported 10 employees.