The Southern California Housing Development Corporation of Orange

Analysis

The Southern California Housing Development Corporation of Orange is a registered charity in United States, based in RCH Cucamonga, CA. It received its IRS tax-exemption ruling in December 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, The Southern California Housing Development Corporation of Orange reported income of $292k and spending of $1.7m, spending 579% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $47k to $292k (+515%), an average of +58% a year. The sharpest change came in the year to December 2022, when income rose by 728%. Over the whole period it spent 361% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The Southern California Housing Development Corporation of Orange sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include New Beginnings for You ($292k), Harvard Place Inc ($292k) and Friends of Jean Webster Inc ($292k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $4.9m against liabilities of $10.1m, net assets of -$5.2m.