West Hollywood Community Housing Corporation

Analysis

West Hollywood Community Housing Corporation is a registered charity in United States, based in W Hollywood, CA. It received its IRS tax-exemption ruling in October 1991, 35 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, West Hollywood Community Housing Corporation reported income of $6.0m and spending of $4.9m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.6m to $6.0m (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 71% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, West Hollywood Community Housing Corporation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include First Community Foundation ($6.0m), Humble Design Inc ($6.0m) and Resurrection Street Ministry Incorporated ($6.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $319k (6.5% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $21.7m against liabilities of $8.3m, net assets of $13.4m. It reported 30 employees.