Housing Management Services Inc

Analysis

Housing Management Services Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in March 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Housing Management Services Inc reported income of $851k and spending of $853k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $643k to $851k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Management Services Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include Louis & Scholar Nwoke Foundation Inc ($850k), Alexis Manor Inc ($851k) and Volunteers of America Inc ($850k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $169k (20% of expenses). Other salaries and wages came to $154k. At year end it held assets of $955k against liabilities of $40k, net assets of $915k. It reported 56 employees.