Mutual Housing California

Analysis

Mutual Housing California is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in August 1993, 33 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, Mutual Housing California reported income of $9.9m and spending of $6.1m, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.8m to $9.9m (+2.0%), an average of +0.5% a year. Over the whole period it spent 56% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mutual Housing California sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Mission First Housing Development Corporation ($9.9m), Archway Investment Corporation Inc ($10.0m) and Xiente ($9.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $504k (8.2% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $32.1m against liabilities of $15.1m, net assets of $17.0m. It reported 53 employees.