Boise Housing Corporation

Analysis

Boise Housing Corporation is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in December 1994, 32 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, Boise Housing Corporation reported income of $25.4m and spending of $23.2m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $18.5m to $25.4m (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2020, when income rose by 19%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Boise Housing Corporation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within ID. Charities of a similar size with the same main cause include San Diego Rescue Mission Inc ($25.3m), Friendship Haven Inc ($25.4m) and Neighbor to Neighbor Inc ($25.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 58% of the total. At year end it held assets of $98.2m against liabilities of $86.4m, net assets of $11.8m.