Corporation for Better Housing

Analysis

Corporation for Better Housing is a registered charity in United States, based in Woodland HLS, CA. It received its IRS tax-exemption ruling in March 1996, 30 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Corporation for Better Housing reported income of $9.1m and spending of $7.8m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $9.2m to $9.1m (-0.8%), an average of -0.2% a year. The sharpest change came in the year to December 2022, when income rose by 76%. Over the whole period it spent 55% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Corporation for Better Housing sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Christian Community Action ($9.1m), Operation New Hope ($9.1m) and Community Housing Partnership ($9.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. Compensation of current officers, directors and key employees was $393k (5.1% of expenses). Other salaries and wages came to $173k. At year end it held assets of $446.9m against liabilities of $366.6m, net assets of $80.3m. It reported 3 employees.