Diakonia Housing I Inc

Analysis

Diakonia Housing I Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in July 1982, 44 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 February 2024, Diakonia Housing I Inc reported income of $656k and spending of $801k, spending 122% of what it took in. Across the 5 years on record, from February 2020 to February 2024, income grew from $615k to $656k (+6.7%), an average of +1.6% a year. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Diakonia Housing I Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Shepherds Village Inc ($655k), Ft Washington Adventist Apartments Inc ($656k) and Hawaii Civic Service Inc ($655k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 74% and program service revenue 24% of the total. At year end it held assets of $4.3m against liabilities of $3.9m, net assets of $411k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.