Bernal Heights Housing Corporation

Analysis

Bernal Heights Housing Corporation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 1991, 35 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, Bernal Heights Housing Corporation reported income of $6.6m and spending of $3.8m, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.9m to $6.6m (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2023, when income rose by 104%. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bernal Heights Housing Corporation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Women Organizing Resources Knowledge and Services ($6.5m), First Place Az ($6.6m) and Residential Resources Inc ($6.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 14% of the total. Other salaries and wages came to $219k. At year end it held assets of $46.9m against liabilities of $11.5m, net assets of $35.4m.