Housing Programs Inc

Analysis

Housing Programs Inc is a registered charity in United States, based in North Miami Beach, FL. It received its IRS tax-exemption ruling in June 2012, 14 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 Programs Inc reported income of $2.2m and spending of $1.8m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $2.2m (+106%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 511%. 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, Housing Programs Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include St Catherine of Siena Inc ($2.1m), Habitat for Humanity International Inc ($2.2m) and Sister Jose Womens Center ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $186k. At year end it held assets of $1.3m against liabilities of $1.3m, net assets of $34k. It reported 4 employees.