His House Foundation

Analysis

His House Foundation is a registered charity in United States, based in Excelsior, MN. It received its IRS tax-exemption ruling in September 2008, 18 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, His House Foundation reported income of $488k and spending of $566k, spending 116% of what it took in. Across the 2 years on record, from December 2021 to December 2023, income fell from $1.1m to $488k (-54%), an average of -54% a year. The sharpest change came in the year to December 2023, when income dropped by 54%. Over the whole period it spent 59% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, His House Foundation 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 69th percentile within MN. Charities of a similar size with the same main cause include His Daughters House ($487k), Community Resident Services Inc ($488k) and Greenwood Elderly Housing Inc ($487k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $82k (15% of expenses). Other salaries and wages came to $155k. At year end it held assets of $31k against liabilities of $62k, net assets of -$30k. It reported 15 employees.