Housing Helpers Inc

Analysis

Housing Helpers Inc is a registered charity in United States, based in Maywood, IL. It received its IRS tax-exemption ruling in January 1992, 34 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 2022, Housing Helpers Inc reported income of $590k and spending of $388k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2018 to December 2022, income grew from $251k to $590k (+136%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 608%. Over the whole period it spent 75% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Helpers Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include I58 Inc ($590k), Mercy Bond Properties Colorado I ($590k) and Rci Village Properties ($590k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $935k against liabilities of $462k, net assets of $473k.