Housing Works Services II Inc

Analysis

Housing Works Services II Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2023, Housing Works Services II Inc reported income of $7.6m and spending of $8.1m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.4m to $7.6m (-9.8%), an average of -2.6% a year. The sharpest change came in the year to June 2020, when income dropped by 19%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Housing Works Services II Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include International Council for Veterinary Assessment ($7.6m), Roane County Family Health Care Inc ($7.6m) and United Tissue Network Inc ($7.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.7% and program service revenue 94% of the total. At year end it held assets of $13.2m against liabilities of $22.3m, net assets of -$9.1m.

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.