Housing Partnership

Analysis

Housing Partnership is a registered charity in United States, based in Portsmouth, NH. It received its IRS tax-exemption ruling in June 1989, 37 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Housing Partnership reported income of $659k and spending of $916k, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $659k (-35%), an average of -10% a year. The sharpest change came in the year to December 2021, when income rose by 154%. Over the whole period it spent 80% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Partnership sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within NH. Charities of a similar size with the same main cause include Cooperative Housing Corporation ($659k), Homes for Families Inc ($660k) and Housing Opportunities & Management Enterprises Inc ($659k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $155k (17% of expenses). Other salaries and wages came to $187k. At year end it held assets of $11.8m against liabilities of $6.6m, net assets of $5.2m. It reported 3 employees.