Charity Search / TRUE NORTH HOUSING ALLIANCE INC
Housing & Shelter (L410) IRS Verified DX Registered 990 on File

TRUE NORTH HOUSING ALLIANCE INC

EIN: 68-0440819 · CHICO, CA 95928-4402 · United States · FY 2025 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 92/100
Reliability (20%) 55/100
Effectiveness (25%) 83/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 10/18/2026
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CharityAI™ Score
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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 2025
$6.6M
Total Revenue
$4.4M
Total Expenses
$4.9M
Net Assets
82
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 74.2%
Fundraising Efficiency 0.0%
Operating Reserve 13.23x
Liability-to-Asset 19.9%
Revenue Diversification 97.8%
Executive Compensation $97K
Compared with Peers
FY 2025
Compared with 1,412 similar organizations (United States, Housing & Shelter, $1M–$10M in expenses), FY 2025.
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
74.2% 86.2%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
25.8% 10.9%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
0.0% 218.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
13.2 mo 12.4 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
19.9% 34.5%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
97.8% 87.8%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
66.1% 5.8%
P10P90
Expense growth
Year over year expense growth
28.0% 5.3%
P10P90
Surplus margin
Surplus as a share of revenue
32.9% 3.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $6.6M $4.4M $4.9M 74.2% 82
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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Organization Details
EIN
68-0440819
State
CA
City
CHICO
ZIP
95928-4402
Classification
L410
Category
Housing & Shelter
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2001
Foundation Code
15
Form 990
On File
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