Regional Housing Network of Massachusetts Inc

Analysis

Regional Housing Network of Massachusetts Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in May 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 June 2024, Regional Housing Network of Massachusetts Inc reported income of $389k and spending of $376k, spending 97% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $349k to $389k (+11%), an average of +2.1% a year. The sharpest change came in the year to June 2022, when income rose by 731%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Regional Housing Network of Massachusetts Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MA. Charities of a similar size with the same main cause include Emmanuel Terrace Inc ($389k), VPH Adult Retirement Center ($389k) and St Croix Family Resource Center ($388k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $302k against liabilities of $50k, net assets of $252k.