Conard Housing Development Corporation

Analysis

Conard Housing Development Corporation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in July 1992, 34 years ago. 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 June 2023, Conard Housing Development Corporation reported income of $716k and spending of $577k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $262k to $716k (+174%), an average of +29% a year. The sharpest change came in the year to June 2022, when income rose by 199%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Conard Housing Development Corporation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Criminal Defense Attorneys of Michigan ($716k), United Way of Harrisonburg & Rockingham County Inc ($716k) and Leadership Tomorrow ($716k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 37% of the total. At year end it held assets of $9.9m against liabilities of $10.1m, net assets of -$113k.