Housing & Shelter
(L410)
IRS Verified
DX Registered
990 on File
TRUE NORTH HOUSING ALLIANCE INC
Financial strength (30%)
74/100
Reliability (20%)
55/100
Effectiveness (25%)
80/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Torres Community Shelter is a large 140-bed homeless shelter in Chico, CA that serves men, women, and families with children. In addition to providing overnight shelter, showers, and an evening meal, we strive to help people improve their circumstances...find jobs, housing, and many other things vital to getting back on their feet. Our mission is to assist with shelter and shelter related services to people experiencing homelessness and at risk of homelessness.
Financial Overview — FY 2024
$4.0M
Total Revenue
$3.5M
Total Expenses
$2.7M
Net Assets
45
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
74.1%
Fundraising Efficiency
51.0%
Operating Reserve
9.39x
Liability-to-Asset
35.2%
Revenue Diversification
93.1%
Executive Compensation
$94K
Compared with Peers
FY 2024
Compared with 2,572 similar organizations
(United States, Housing & Shelter, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
74.1% | 87.2% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
25.2% | 10.3% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.7% | 0.0% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
51.0% | 236.3% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
9.4 mo | 12.6 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
35.2% | 39.0% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
93.1% | 89.9% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
6.2% | 6.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
25.1% | 6.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
13.0% | 3.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $4.0M | $3.5M | $2.7M | 74.1% | 45 |
| 2023 | $3.8M | $2.8M | $2.2M | 72.0% | 45 |
| 2022 | $2.8M | $2.5M | $1.2M | 81.0% | 60 |
| 2021 | $2.6M | $2.6M | N/A | — | 60 |
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