Habitat for Neighborhood Business
Public records show a registered, tax-exempt organization in good standing.
What it says it does
HABITAT FOR NEIGHBORHOOD BUSINESS DEVOTES RESOURCES TO OPERATING A PROGRAM DESIGNED TO STIMULATE ECONOMIC DEVELOPMENT IN DISTRESSED URBAN AREAS INHABITED MAINLY BY LOW-INCOME MINORITY OR OTHER DISADVANTAGED PERSONS. CONTINUED ON SCHEDULE 0.THROUGH ITS ACTIVITIES, THE CORPORATION HOPES TO SPARK ECONOMIC DEVELOPMENT AND JOBS IN ECONOMICALLY DEPRESSED NEIGHBORHOODS, HELP STABILIZE THESE NEIGHBORHOODS AND DISCOURAGE "FLIGHT" FROM THE NEIGHBORHOODS, AND INCREASE THE NUMBER OF BUSINESS ROLE MODELS WITHIN THESE NEIGHBORHOODS SO YOUTH IN THE NEIGHBORHOODS CAN SEE SMALL BUSINESS OWNERSHIP AS A POSSIBLE AVENUE TO SUCCESS.
- Income
- $209,384
- Spending
- $280,250
- Spent on programs
- 62%
- Reserves
- 34.9 months of spending
- Largest source of income
- donations and private grants, 49%
- Employees
- 0
- Volunteers
- 10
- Highest pay
- $26,250, executive director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 78 out of 100. Higher than 54% of charities in its peer group (community improvement, under $250k).
Reserves
35 of 35Spendable reserves would cover 34.9 months of spending.
Debt
20 of 20It owes 3% of what it owns.
Living within its means
0 of 15Spending exceeded income by 34% of income.
Income trend
15 of 15Income rose 29% on the year before.
Spending floor
8 of 1562% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 86 out of 100. Higher than 77% of charities in its peer group (community improvement, under $250k).
Independent board
25 of 2510 of 10 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $173,211 spent. ACQUIRE BLIGHTED, VACANT OR OTHERWISE DISTRESSED REAL PROPERTY IN AN ECONOMICALLY DEPRESSED URBAN NEIGHBORHOOD, UTILIZE OR CONVERT THE REAL PROPERTY FOR RETAIL BUSINESSES THAT ARE OPERATED BY LOW-INCOME, MINORITY AND DISADVANTAGED PERSONS WHO LIVE IN THE NEIGHBORHOOD (ENTREPRENEURS) AND LEASE THE PROPERTY TO SUCH PERSONS AT A BELOW-MARKET RENTAL RATE.PROVIDE GUIDANCE, LOGISTICAL SUPPORT, PLANNING, BUDGETING, BUSINESS TRAINING, MENTORING, COACHING AND OTHER FORMS OF BUSINESS ADVICE TO ENTREPRENEURS.CONTINUED ON SCHEDULE 0.PROVIDE "REAL LIFE" BUSINESS EXPERIENCE FOR GRADUATE LEVEL BUSINESS STUDENTS AT PARTNER UNIVERSITIES BY ASSISTANCE TO THE ENTREPRENEURS BY THE STUDENTS.ASSIST THE ENTREPRENEURS WITH OBTAINING RESOURCES, INCLUDING PROVIDING A FUNCTIONING COMPUTER, SOFTWARE AND TRAINING FOR EACH ENTREPRENEUR.ARRANGE FOR SECURITY IN ORDER TO PROVIDE A SAFE AREA FOR THE ENTREPRENEURS AND PATRONS OF THEIR BUSINESSES.ORGANIZE MEETINGS BETWEEN ENTREPRENEURS TO ASSIST THEM IN THEIR EDUCATIONAL GROWTH IN BUSINESS.ENCOURAGE AND ESTABLISH SUPPORT AND UNDERSTANDING FOR THE ENTREPRENEURS IN THE COMMUNITY.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2007.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.