Cahuenga Housing Foundation

Analysis

Cahuenga 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, Cahuenga Housing Foundation reported income of $155k and spending of $252k, spending 163% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $119k to $155k (+30%), an average of +6.8% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 167% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cahuenga Housing Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Partners in Action Inc ($155k), CSHD 3 Inc ($155k) and The Non-Profit Community Development Corporation of WSH DC ($155k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 41% of the total. At year end it held assets of $1.3m against liabilities of $2.5m, net assets of -$1.2m.

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.