Innovative Housing Opportunities Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Innovative Housing Opportunities Inc is a 501(c)(3) organization based in Santa Ana, California, registered in 1977, with $12,283,368 in FY2024 revenue. CharityIndex grades it B.
501 N Golden Circle Drive Suit, Santa Ana, CA, 92705 EIN 95-3068902 Since 1977
Revenue (FY2024)
$12.3M
▲ 306.7% vs prior year
Expenses (FY2024)
$3.7M
Net assets
$14.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
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 Innovative Housing Opportunities Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating46 mo reserves · +70% margin
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 Innovative Housing Opportunities Inc: 46 mo reserves · +70% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Innovative Housing Opportunities Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Innovative Housing Opportunities Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 501 N Golden Circle Drive Suit, Santa Ana, CA, 92705
- City
- Santa Ana
- State
- California
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $1.8M (FY2015) to $12.3M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2.6MNet assets $14.0M
Operating margin
70.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$16.6M
Total liabilities
$2.6M
Net assets
$14.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $12,283,368▲307% | $3,688,370▲12.5% | $14,012,491▼4.2% | $16,568,601▼5.4% | 990 |
| 2023 | $3,020,182▼55.0% | $3,279,391▲21.9% | $14,634,291▲6.2% | $17,515,982▲18.0% | 990 |
| 2022 | $6,714,303▲282% | $2,690,266▲18.9% | $13,775,602▲41.3% | $14,844,069▲6.2% | 990 |
| 2021 | $1,758,490▼37.8% | $2,262,656▲25.2% | $9,751,565▼5.0% | $13,971,769▼5.3% | 990 |
| 2020 | $2,826,378▼1.4% | $1,807,368▲1.2% | $10,261,726▲11.0% | $14,747,187▼7.3% | 990 |
| 2019 | $2,865,107▲51.2% | $1,786,529▲7.7% | $9,240,986▲13.4% | $15,910,469▼1.9% | 990 |
| 2018 | $1,895,155▲15.8% | $1,658,962▲9.9% | $8,149,708▲2.9% | $16,210,366▼2.1% | 990 |
| 2017 | $1,636,611▼26.8% | $1,508,939▼5.4% | $7,917,964▲4.3% | $16,559,879▼9.8% | 990 |
| 2016 | $2,235,992▲23.4% | $1,595,828▲11.2% | $7,594,222▲9.0% | $18,357,761▼0.3% | 990 |
| 2015 | $1,812,020 | $1,435,446▲148% | $6,966,659▲19.1% | $18,416,629▲29.4% | 990 |
| 2012 | — | $579,352▲20.0% | $5,850,356▲7.2% | $14,234,444▲1.6% | 990 |
| 2011 | — | $482,943▲16.4% | $5,456,616▲10.5% | $14,016,284▲2.7% | 990 |
| 2010 | — | $415,051 | $4,939,781 | $13,644,548 | 990 |
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.
Grants received · $302K total
12 grants to Innovative Housing Opportunities Inc totaling $302K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Kaiser Foundation Hospitals | Financial health initiative | 2024 | $29,000 |
| Hoag Memorial Hospital Presbyterian | Resident services program | 2023 | $25,000 |
| Hoag Memorial Hospital Presbyterian | Resident services program | 2023 | $25,000 |
| Enterprise Community Partners Inc | Capacity building | 2023 | $20,000 |
| Local Initiatives Support Corporation | See part iv | 2023 | $10,000 |
| Local Initiatives Support Corporation | See part iv | 2022 | $33,234 |
| Kaiser Foundation Hospitals | 45 years of building possibilities anniversary cel | 2022 | $25,000 |
| Hoag Memorial Hospital Presbyterian | Economic self-reliance | 2022 | $25,000 |
| American Online Giving Foundation Inc | General support | 2022 | $15,000 |
| Hoag Memorial Hospital Presbyterian | — | 2021 | $25,000 |
| Kaiser Foundation Hospitals | Financial well-being program | 2021 | $20,000 |
| Hoag Memorial Hospital Presbyterian | — | 2020 | $50,000 |
Frequently asked questions
- Is Innovative Housing Opportunities Inc a legitimate nonprofit?
- Yes. Innovative Housing Opportunities Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 95-3068902, based in Santa Ana, California. Donations are tax-deductible.
- What is Innovative Housing Opportunities Inc's EIN?
- Innovative Housing Opportunities Inc's Employer Identification Number (EIN) is 95-3068902.
- How much revenue does Innovative Housing Opportunities Inc report?
- Innovative Housing Opportunities Inc reported $12,283,368 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Innovative Housing Opportunities Inc have?
- CharityIndex grades Innovative Housing Opportunities Inc B, based on financial health (reserves and operating margin).
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Data for Innovative Housing Opportunities Inc (EIN 95-3068902) 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.