Housing Foundation

Analysis

Housing Foundation is a registered charity in United States, based in Orono, ME. It received its IRS tax-exemption ruling in November 1969, 57 years ago. 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 2024, Housing Foundation reported income of $67k and spending of $60k, spending 90% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $65k to $67k (+2.4%), an average of +2.4% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Housing Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 19th percentile within ME. Charities of a similar size with the same main cause include Volunteers of America Inc ($67k), National Association of Charitable Gift Planners ($67k) and St Basil Education Endowment ($67k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $224k against liabilities of $57k, net assets of $167k.