Housing Plus

Analysis

Housing Plus is a registered charity in United States, based in Midvale, UT. It received its IRS tax-exemption ruling in October 2011, 15 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, Housing Plus reported income of $982k and spending of $900k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $849k to $982k (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 87% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Plus sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within UT. Charities of a similar size with the same main cause include Whatcom-Skagit Housing ($981k), Midland Kings Daughters Endowment Fund ($982k) and Fort Hudson Residences Inc ($981k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 81% of the total. At year end it held assets of $12.8m against liabilities of $3.8m, net assets of $9.0m.