The Housing Partnership Fund Inc
Analysis
The Housing Partnership Fund Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in November 2000, 26 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, The Housing Partnership Fund Inc reported income of $11.1m and spending of $6.9m, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.6m to $11.1m (+141%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 138%. Over the whole period it spent 61% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The Housing Partnership Fund Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MA. Charities of a similar size with the same main cause include Columbus Club Association of Ysleta ($11.1m), Housing and Neighborhood Development Services of Central ($11.2m) and South Winery Housing Inc ($11.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 48% of the total. At year end it held assets of $103.1m against liabilities of $81.0m, net assets of $22.2m.
Income and spending
Where the income comes from
- Contributions & grants 51%
- Program services 48%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Columbus Club Association of Ysleta | El Paso | $11.1m |
| Housing and Neighborhood Development Services of Central | Orlando | $11.2m |
| South Winery Housing Inc | San Rafael | $11.1m |
| Coburg Village Inc | Rexford | $11.2m |