Tumbleweed Housing Foundation

Analysis

Tumbleweed Housing Foundation is a registered charity in United States, based in Chatsworth, CA. It received its IRS tax-exemption ruling in June 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 (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, Tumbleweed Housing Foundation reported income of $138k and spending of $229k, spending 166% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $125k to $138k (+10%), an average of +2.4% a year. Over the whole period it spent 159% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Tumbleweed Housing Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Ser Community Development Corporation ($138k), Wieder-Silver Manor Apartments ($138k) and Southern Living Apartments Inc ($138k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 49% of the total. At year end it held assets of $1.7m against liabilities of $2.2m, net assets of -$517k.

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.