Housing Innovations & Programming

Analysis

Housing Innovations & Programming is a registered charity in United States, based in Holyoke, MA. It received its IRS tax-exemption ruling in July 2019, 7 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 (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 Innovations & Programming reported income of $452k and spending of $28k, leaving 94% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $578k to $452k (-22%), an average of -12% a year. The sharpest change came in the year to December 2023, when income rose by 125%. Over the whole period it spent 4.2% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Innovations & Programming sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MA. Charities of a similar size with the same main cause include Ida B Wells Inc ($452k), Hancock Estates Corp ($452k) and Residences at Neponset Field Inc ($452k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $6.9m against liabilities of $5.7m, net assets of $1.2m.