Bernal Gateway Housing Corporation

Analysis

Bernal Gateway Housing Corporation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in November 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, Bernal Gateway Housing Corporation reported income of $1.0m and spending of $4.7m, spending 453% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $20k to $1.0m (+5080%), an average of +168% a year. The sharpest change came in the year to December 2021, when income rose by 4321%. Over the whole period it spent 220% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bernal Gateway Housing Corporation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Senior Citizens Housing Development Corporation of Claremont ($1.0m), Trillium Housing Services ($1.0m) and Cita Thrifts Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 2.6% of the total. At year end it held assets of $1.1m against liabilities of $16.7m, net assets of -$15.6m.