The Housing Partnership Inc

Analysis

The Housing Partnership Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in February 1999, 27 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, The Housing Partnership Inc reported income of $931k and spending of $983k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $931k (-35%), an average of -10% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 116% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The Housing Partnership Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within MO. Charities of a similar size with the same main cause include Northtown Housing Finance Corporation ($931k), Life Beyond Inc ($931k) and Boothbay Region Housing Trust ($931k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 44% of the total. Other salaries and wages came to $232k. At year end it held assets of $1.1m against liabilities of $104k, net assets of $1.0m. It reported 5 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.