Fair Housing Foundation
Analysis
Fair Housing Foundation is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in December 1965, 61 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 June 2023, Fair Housing Foundation reported income of $1.5m and spending of $1.4m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $593k to $1.5m (+152%), an average of +26% a year. The sharpest change came in the year to June 2021, when income rose by 164%. Over the whole period it spent 94% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fair Housing Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Harford Senior Housing Inc ($1.5m), Rainbow Hil Apartments Incorporated ($1.5m) and Shires Memorial Center ($1.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $501k. At year end it held assets of $680k against liabilities of $310k, net assets of $369k. It reported 18 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Harford Senior Housing Inc | Bel Air | $1.5m |
| Rainbow Hil Apartments Incorporated | Bartlesville | $1.5m |
| Shires Memorial Center | Glendale | $1.5m |
| Operation Renewed Hope Foundation | Alexandria | $1.5m |