Housing First Steps Forward Inc

Analysis

Housing First Steps Forward Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in June 2014, 12 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 First Steps Forward Inc reported income of $2.9m and spending of $1.9m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.9m (+148%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 115%. Over the whole period it spent 64% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing First Steps Forward Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Ramp Housing Inc ($2.9m), Center for Health Design Inc ($2.9m) and S a Y Detroit ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 62% of the total. Other salaries and wages came to $175k. At year end it held assets of $12.9m against liabilities of $5.5m, net assets of $7.4m.