Fame Goodshepherd Center Housing Development Corporation

Analysis

Fame Goodshepherd Center Housing Development Corporation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 1992, 34 years ago. 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 June 2023, Fame Goodshepherd Center Housing Development Corporation reported income of $686k and spending of $678k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $948k to $686k (-28%), an average of -7.7% a year. The sharpest change came in the year to June 2020, when income dropped by 27%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fame Goodshepherd Center Housing Development Corporation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Master Drawings Association Inc ($686k), Lighthouse Ministries Inc ($687k) and Birnamwood Area Emergency Services Inc ($686k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $108k. At year end it held assets of $2.3m against liabilities of $4.2m, net assets of -$1.9m.