Western Community Housing Inc

Analysis

Western Community Housing Inc is a registered charity in United States, based in Costa Mesa, CA. It received its IRS tax-exemption ruling in March 2000, 26 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, Western Community Housing Inc reported income of $9.1m and spending of $6.5m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.0m to $9.1m (+0.6%), an average of +0.2% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 56% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Western Community Housing Inc 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 National Affordable Housing Trust Inc ($9.0m), Wesley Willows ($9.1m) and Family Gateway Inc ($9.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $1.5m (23% of expenses). Other salaries and wages came to $588k. At year end it held assets of $121.0m against liabilities of $80.5m, net assets of $40.6m. It reported 22 employees.