Housing and Human Development Corporation

Analysis

Housing and Human Development Corporation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 2017, 9 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, Housing and Human Development Corporation reported income of $1.1m and spending of $1.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $12.8m to $1.1m (-91%), an average of -46% a year. The sharpest change came in the year to December 2022, when income rose by 420%. Over the whole period it spent 7.4% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing and Human Development Corporation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include Women in Cable Telecommunications ($1.1m), Autumn Leaves Assisted Living Estates Inc ($1.1m) and Brentwood Economic Community Development Corp ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $50k (4.4% of expenses). Other salaries and wages came to $7,906. At year end it held assets of $40.9m against liabilities of $19.9m, net assets of $21.0m.