Humangood Affordable Housing

Analysis

Humangood Affordable Housing is a registered charity in United States, based in Duarte, CA. It received its IRS tax-exemption ruling in February 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Humangood Affordable Housing reported income of $21.9m and spending of $14.4m, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $53.4m to $21.9m (-59%), an average of -20% a year. The sharpest change came in the year to December 2021, when income rose by 120%. Over the whole period it spent 36% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Humangood Affordable Housing sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Community Action Organization of Scioto County Inc ($21.9m), Michael-Ann Russell Jewish Community Center Inc ($21.9m) and Frederick Mennonite Community ($21.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 56% of the total. Other salaries and wages came to $7.3m. At year end it held assets of $176.7m against liabilities of $33.4m, net assets of $143.3m. It reported 52 employees.