Housing Services Alliance Inc

Analysis

Housing Services Alliance Inc is a registered charity in United States, based in Delaware, OH. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Housing Services Alliance Inc reported income of $1.0m and spending of $996k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $962k to $1.0m (+7.3%), an average of +1.8% a year. The sharpest change came in the year to December 2021, when income rose by 163%. Over the whole period it spent 56% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Housing Services Alliance Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Generation W Inc ($1.0m), Source of Light and Hope Development Center Inc ($1.0m) and Marshall Home for Men Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.9% and program service revenue 28% of the total. Other salaries and wages came to $94k. At year end it held assets of $25.5m against liabilities of $17.8m, net assets of $7.7m. It reported 3 employees.