Housing Forward

Analysis

Housing Forward is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Forward reported income of $13.7m and spending of $14.6m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $13.7m (+551%), an average of +60% a year. The sharpest change came in the year to December 2021, when income rose by 332%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Housing Forward sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Healthy Start Coalition of Hillsborough County Inc ($13.7m), Care Alliance ($13.7m) and Illinois Manufacturing Excellence Center ($13.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $485k (3.3% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $7.8m against liabilities of $585k, net assets of $7.2m. It reported 37 employees.