House of Eli Inc

Analysis

House of Eli Inc is a registered charity in United States, based in Sherman, TX. It received its IRS tax-exemption ruling in October 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, House of Eli Inc reported income of $482k and spending of $404k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $517k to $482k (-6.8%), an average of -1.7% a year. The sharpest change came in the year to December 2022, when income rose by 282%. Over the whole period it spent 69% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, House of Eli Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include The Fam ($482k), Ediths House Inc ($483k) and Rebound Foundation Inc ($482k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $133k (33% of expenses). At year end it held assets of $1.3m against liabilities of $254k, net assets of $1.0m. It reported 26 employees.