The Housing Collective Inc

Analysis

The Housing Collective Inc is a registered charity in United States, based in Bridgeport, CT. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, The Housing Collective Inc reported income of $11.6m and spending of $11.7m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $11.6m (+495%), an average of +56% a year. The sharpest change came in the year to December 2020, when income rose by 165%. Over the whole period it spent 100% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, The Housing Collective Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within CT. Charities of a similar size with the same main cause include Capital Area Immigrants Rights Coalition ($11.6m), Mexican American Legal Defense and Educational Fund ($11.6m) and Helpline Youth Counseling Inc ($11.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $7.1m against liabilities of $6.7m, net assets of $373k. It reported 28 employees.