Matteson Supportive Housing NFP

Analysis

Matteson Supportive Housing NFP is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in December 2005, 21 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 2023, Matteson Supportive Housing NFP reported income of $337k and spending of $428k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $295k to $337k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 134% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Matteson Supportive Housing NFP sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include Nhhi Robbinsdale Barrier Free Housing Corporation ($337k), Holy Creek Non-Profit Housing Corporation ($337k) and Vip West 184th Street Housing Development Fund Corporation ($337k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 30% of the total. Other salaries and wages came to $68k. At year end it held assets of $3.5m against liabilities of $485k, net assets of $3.0m.

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.