Housing Now Inc

Analysis

Housing Now Inc is a registered charity in United States, based in Klamath Falls, OR. It received its IRS tax-exemption ruling in August 2010, 16 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Housing Now Inc reported income of $410k and spending of $233k, leaving 43% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $253k to $410k (+62%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 66%. Over the whole period it spent 57% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Now Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OR. Charities of a similar size with the same main cause include WSHDC ZHDC Apartments Inc ($410k), Construction Resource Center ($410k) and Highland Area Not for Profit Housing Corporation-Hanfphc ($410k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 120% of the total. Other salaries and wages came to $62k. At year end it held assets of $1.7m against liabilities of $75k, net assets of $1.6m.