Fair Housing Resource Center
Analysis
Fair Housing Resource Center is a registered charity in United States, based in Painesville, OH. It received its IRS tax-exemption ruling in September 1990, 36 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Fair Housing Resource Center reported income of $1.0m and spending of $908k, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $496k to $1.0m (+107%), an average of +20% a year. The sharpest change came in the year to September 2022, when income rose by 30%. Over the whole period it spent 89% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fair Housing Resource Center sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include LA Casita Center Inc ($1.0m), World Mate Foundation Inc ($1.0m) and Community Thread ($1.0m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $160k (18% of expenses). Other salaries and wages came to $351k. At year end it held assets of $1.0m against liabilities of $416k, net assets of $617k. It reported 30 employees.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Program services 3.7%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| LA Casita Center Inc | Louisville | $1.0m |
| World Mate Foundation Inc | Towson | $1.0m |
| Community Thread | Stillwater | $1.0m |
| Daniel D Cantor Senior Center | Sunrise | $1.0m |