Family Housing Advisory Services Inc

Analysis

Family Housing Advisory Services Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in December 1970, 56 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, Family Housing Advisory Services Inc reported income of $4.9m and spending of $5.2m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $4.9m (+66%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Family Housing Advisory Services Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within NE. Charities of a similar size with the same main cause include The Gathering Place a Refuge for Rebuilding Lives ($4.9m), Homewood Living Spring House Inc ($4.9m) and Evergreen Estates Housing Development Fund Company Inc ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $240k (4.6% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $4.1m against liabilities of $324k, net assets of $3.8m. It reported 45 employees.