Nonprofit screen
Screen a listBurbank Housing Development Corporation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(1)
$32Mrevenue
FY2024 · +99% in 3 yrs31staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin18.0%
Months of reserve13.7mo
Revenue growth (annualized)+19.8%
Middle half of peersMedianBurbank Housing Development
Where the money goes FY2024 · $27M spent
Programs$24M89%Management and general$2.9M11%990 FY2024 · Part IX line 25
Worth checking1
Government grants fell 85% in FY2023
$36M in FY2022, $5.5M in FY2023.
990 Part VIIIIn its favor2
Strong governance
11 of 11 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 20% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohort17funders
$446ka year, last 3 years
52%from its largest funder
Funder’18’19’20’21’22’23Tipping Point CommunityStopped after FY2020$4.0M$495k$50k–Enterprise Community Partners IncStopped after FY2021$65k$336k–The California EndowmentOn and off$150kPark Lane Apartments CorporationOn and off$144kLuther Burbank Corporation FoundationOn and off$10k$20k$10kCalifornia Foundation for Stronger CommunitiesOn and off$20kDonor-advised giftsDonors not disclosed$2.6M$1.7M$21k$10k$270k$10k3 other fundersUp to $700k a year each$10k$701k
FundedThrough a donor-advised fundStopped