Housing Assistance Office Inc

Analysis

Housing Assistance Office Inc is a registered charity in United States, based in Mishawaka, IN. It received its IRS tax-exemption ruling in November 1974, 52 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 September 2023, Housing Assistance Office Inc reported income of $465k and spending of $564k, spending 121% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $541k to $465k (-14%), an average of -3.7% a year. Over the whole period it spent 110% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Assistance Office Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IN. Charities of a similar size with the same main cause include Ahepa 78 Inc ($464k), Our Brothers Keeper Shelter ($465k) and Kent Attainable Housing Inc ($464k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $48k (8.5% of expenses). Other salaries and wages came to $59k. At year end it held assets of $2.7m against liabilities of $666k, net assets of $2.0m. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.