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Pico Union Housing Corporation

Los Angeles, CA · EIN 23-7113307 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Pico Union Housing Corporation reported $14.2 million in revenue and $15.5 million in expenses for calendar year 2024. Of every $100 it spent, $90.85 went to program services, $9.15 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 56.5% of the total. Government grants made up 49.4%. The highest compensation it reported for one person was $375,000 (Executive Dir.). 1 person received more than $100,000 in reportable compensation. Revenue rose 3% between FY2021 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $16M

For context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $14M

Other revenue was negative: −$961K. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 933 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
90.8%87.5%
Management & general
Part IX 25(C) ÷ 25(A)
9.2%10.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
50.3%17.0%
Government grants share of revenue
Part VIII 1e ÷ 12
49.4%1.0%
Program service revenue share
Part VIII 2g ÷ 12
56.5%66.2%
Highest reported compensation
Part VII-A, columns D–F
$375,000$300,863
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.42%1.57%
People paid over $100,000
Part VII, line 2
15
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
2.510.0
Independent voting board members
Part VI 1a–1b
5 of 5100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$14M expenses · 100.0% of program spending · revenue $14M

To provide affordable low income housing to qualified individuals and families and various social services to undeserved community

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Executive Dir.
Officer, 55.00 hrs/week
$375,000$0$0$375,000

1 people received more than $100,000 in reportable compensation from Pico Union Housing Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $375K (Part IX, line 5).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2021FY2022FY2023FY20242024$14M$16M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$14M$16M90.8%$3.3M$375,000
FY2024 ⓘ$15M$22M99.1%$3.6M$800,000
FY2023 ⓘ$14M$23M99.4%$12M$781,250
FY2022 ⓘ$17M$20M98.8%$27M$616,590
FY2021 ⓘ$14M$16M98.7%$30M$465,000

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b5 · 5 independent
  • Audited financial statements Part XII 2bNo
  • Conflict-of-interest policy Part VI 12aNo
  • Whistleblower policy Part VI 13No
  • Document retention policy Part VI 14No
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 535

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
A-1 LANDSCAPING SERVICES
Landscaping
$234,822

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Pico Union Housing Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Pico Union Housing Corporation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All housing & shelter charities · Largest charities in California

Questions people ask

How much of Pico Union Housing Corporation's spending goes to programs?

In calendar year 2024, Pico Union Housing Corporation reported that 90.8% of its $15.5 million in expenses went to program services, 9.2% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Pico Union Housing Corporation pay its top executive?

The largest total compensation Pico Union Housing Corporation reported for one person in calendar year 2024 was $375,000, for the role of Executive Dir. (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Pico Union Housing Corporation get its money?

Of $14.2 million in revenue in calendar year 2024, 50.3% came from contributions and grants (including 49.4% from government grants) and 56.5% from program service revenue (Form 990, Part VIII).

Is Pico Union Housing Corporation a registered charity?

The IRS lists EIN 23-7113307 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202610499349300316 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending March 31, 2024, object 202530469349300103 · read the filing
  • FY2023: Form 990 for the fiscal year ending March 31, 2023, object 202410479349300601 · read the filing
  • FY2022: Form 990 for the fiscal year ending March 31, 2022, object 202300469349302625 · read the filing
  • FY2021: Form 990 for the fiscal year ending March 31, 2021, object 202240469349302859 · read the filing

All filings for EIN 23-7113307: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.