Holy Family Housing Corporation

Analysis

Holy Family Housing Corporation is a registered charity in United States, based in Pittsfield, MA. It received its IRS tax-exemption ruling in September 1994, 32 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, Holy Family Housing Corporation reported income of $529k and spending of $556k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $491k to $529k (+7.9%), an average of +1.9% a year. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Holy Family Housing Corporation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include NCSC Housing Development Corp Two ($529k), Lutheran Social Services of Central Ohio Lansing Housing Inc ($529k) and S a M H Corporation ($529k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $92k. At year end it held assets of $2.1m against liabilities of $2.7m, net assets of -$532k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.