Long Island Housing Partnership Inc

Analysis

Long Island Housing Partnership Inc is a registered charity in United States, based in Hauppauge, NY. It received its IRS tax-exemption ruling in December 1988, 38 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, Long Island Housing Partnership Inc reported income of $4.0m and spending of $4.4m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $4.0m (+6.2%), an average of +1.5% a year. The sharpest change came in the year to December 2021, when income rose by 124%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Long Island Housing Partnership Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Friendship Service Center Inc ($4.0m), Skills Group ($4.0m) and Alachua Habitat for Humanity Inc ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $1.0m (24% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $10.9m against liabilities of $6.0m, net assets of $4.8m. It reported 32 employees.