Housing in Action

Analysis

Housing in Action is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in May 1996, 30 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, Housing in Action reported income of $3.9m and spending of $4.3m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.6m to $3.9m (-30%), an average of -8.7% a year. The sharpest change came in the year to December 2020, when income dropped by 22%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing in Action sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MN. Charities of a similar size with the same main cause include Oyster Bay Urban Renewal Inc ($3.9m), Community Development Corp of Bentonville Bella Vista ($3.9m) and West Hennepin Affordable Housing Land TR ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $238k (5.5% of expenses). Other salaries and wages came to $739k. At year end it held assets of $13.9m against liabilities of $8.5m, net assets of $5.4m. It reported 15 employees.