Homeward Bound-culver City Housing Corporation is a 501(c)(3) organization based in Culver City, California, registered in 1996, with $100,589 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$101K
▲ 5.1% vs prior year
Human Services median: $293K
Expenses (FY2023)
$110K
Net assets
-$230K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Homeward Bound-culver City Housing Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Homeward Bound-culver City Housing Corporation: 0 mo reserves · -9% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Homeward Bound-culver City Housing Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Homeward Bound-culver City Housing Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $60K (FY2010) to $101K (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-9.3%
Spent more than it raised in the latest fiscal year.
Total assets
$238K
Total liabilities
$469K
Net assets
-$230K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $100,589▲5.1% | $109,965 | -$230,317▼4.2% | $238,440▼4.3% | 990EZ |
| 2022 | $95,678▲4.0% | $110,006▲12.4% | -$220,941▼6.9% | $249,255▼2.5% | 990EZ |
| 2021 | $91,975▲3.1% | $97,828▲0.1% | -$206,613▼2.9% | $255,573▼1.4% | 990EZ |
| 2020 | $89,203▼3.3% | $97,740▼3.1% | -$200,760▼4.4% | $259,287▼3.3% | 990EZ |
| 2019 | $92,261▲6.3% | $100,909▲10.2% | -$192,223▼4.7% | $268,259▼2.7% | 990EZ |
| 2018 | $86,817▲2.5% | $91,570▲1.0% | -$183,575▼2.7% | $275,596▲0.3% | 990 |
| 2017 | $84,739▲7.1% | $90,685▲0.1% | -$178,822▼3.4% | $274,680▼4.3% | 990 |
| 2016 | $79,113▲1.1% | $90,607▲11.9% | -$172,876▼7.1% | $287,057▼8.1% | 990 |
| 2015 | $78,265▼1.1% | $80,980▲4.9% | -$161,382▼1.7% | $312,322▼2.2% | 990EZ |
| 2014 | $79,100▲31.5% | $77,189▲14.1% | -$158,667▲3.3% | $319,453▼4.2% | 990EZ |
| 2010 | $60,154 | $67,623 | -$164,135 | $333,599 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Homeward Bound-culver City Housing Corporation (EIN 95-4552630) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.