West Sacramento Housing Development Corporation

Analysis

West Sacramento Housing Development Corporation is a registered charity in United States, based in W Sacramento, CA. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, West Sacramento Housing Development Corporation reported income of $367k and spending of $247k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $230k to $367k (+60%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, West Sacramento Housing Development Corporation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Illinois Community Action CDC ($367k), Coleman Housing Development Corporation ($367k) and Nueva Esperanza Inc ($367k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $2.7m against liabilities of $639k, net assets of $2.0m.