The Housing Company

Analysis

The Housing Company is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, The Housing Company reported income of $14.5m and spending of $12.6m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.7m to $14.5m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2020, when income rose by 16%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Housing Company sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 98th percentile within ID. Charities of a similar size with the same main cause include St Michaels Home Inc ($14.5m), Park View Care Center ($14.5m) and Flagstaff Family Food Center ($14.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $205k (1.6% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $55.3m against liabilities of $32.9m, net assets of $22.5m. It reported 113 employees.