Housing Visions Unlimited Inc

Analysis

Housing Visions Unlimited Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in August 1992, 34 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 2022, Housing Visions Unlimited Inc reported income of $2.8m and spending of $1.5m, leaving 46% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $2.6m to $2.8m (+9.6%), an average of +3.1% a year. Over the whole period it spent 52% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Visions Unlimited Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Habitat for Humanity of Cleveland ($2.8m), Neighborhood Lending Services Inc ($2.8m) and Pueblo Unido CDC ($2.8m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 67% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $514k (33% of expenses). Other salaries and wages came to $444k. At year end it held assets of $15.7m against liabilities of $10.6m, net assets of $5.2m. It reported 138 employees.