Haley House Inc

Analysis

Haley House Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in September 1968, 58 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, Haley House Inc reported income of $5.0m and spending of $4.6m, spending 93% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $2.6m to $5.0m (+88%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 84% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Haley House Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include RHF Bunker Hill Corp ($4.9m), National Affordable Housing Foundation Schenectady Inc ($5.0m) and Showalter Memorial Health Center Inc ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $129k (2.8% of expenses). Other salaries and wages came to $869k. At year end it held assets of $20.1m against liabilities of $16.9m, net assets of $3.2m. It reported 43 employees.