Foundation for Quality Housing Opportunities

Analysis

Foundation for Quality Housing Opportunities is a registered charity in United States, based in N Hollywood, CA. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Foundation for Quality Housing Opportunities reported income of $180k and spending of $1.0m, spending 571% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $5.5m to $180k (-97%), an average of -68% a year. The sharpest change came in the year to December 2022, when income dropped by 90%. Over the whole period it spent 29% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Foundation for Quality Housing Opportunities sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Cortland Affordable Senior Housing Inc ($180k), Dogwood Manor Apartment Inc ($180k) and Serenity Village of Opelousas Inc ($180k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 6.4% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.