Fellowship Housing Corporation

Analysis

Fellowship Housing Corporation is a registered charity in United States, based in Hoffman Estates, IL. It received its IRS tax-exemption ruling in November 1993, 33 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, Fellowship Housing Corporation reported income of $2.2m and spending of $2.0m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $954k to $2.2m (+129%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 86% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fellowship Housing Corporation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Drakes Way Eah Inc ($2.2m), Belle Harbor Home of the Sages Inc ($2.2m) and Menorah Center Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $114k (5.8% of expenses). Other salaries and wages came to $686k. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m. It reported 16 employees.