Sycamore Square Housing Corporation

Analysis

Sycamore Square Housing Corporation is a registered charity in United States, based in Hayward, CA. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sycamore Square Housing Corporation reported income of $988k and spending of $871k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $920k to $988k (+7.3%), an average of +1.8% a year. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sycamore Square Housing Corporation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include SJMC Senior Housing Development Fund Corporation ($988k), Rutherford Senior Housing Copr ($988k) and Build Love and Hope Inc ($987k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 18% of the total. At year end it held assets of $2.7m against liabilities of $1.3m, net assets of $1.3m.