Housing Consortium of Everett and Snohomish County

Analysis

Housing Consortium of Everett and Snohomish County is a registered charity in United States, based in Everett, WA. It received its IRS tax-exemption ruling in March 2003, 23 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 June 2023, Housing Consortium of Everett and Snohomish County reported income of $90k and spending of $112k, spending 125% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $79k to $90k (+13%), an average of +13% a year. Over the whole period it spent 117% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Consortium of Everett and Snohomish County sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 29th percentile within WA. Charities of a similar size with the same main cause include Tau Crossing Housing Corporation II ($90k), Fairhaven Homes 202 ($90k) and G R F 9812 Lockport Road Inc ($90k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 32% of the total. At year end it held assets of $18k against liabilities of $12k, net assets of $6,577.