Housing and Assistive Technology Inc

Analysis

Housing and Assistive Technology Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Housing and Assistive Technology Inc reported income of $412k and spending of $449k, spending 109% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $533k to $412k (-23%), an average of -23% a year. The sharpest change came in the year to September 2023, when income dropped by 23%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Housing and Assistive Technology Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Dovetail Sip Inc ($412k), The Arc Jefferson St Lawrence ($412k) and Mainstream Inc ($412k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $108k (24% of expenses). At year end it held assets of $355k against liabilities of $25k, net assets of $330k. It reported 1 employees.