Housing Equality & Advocacy Resource Team

Analysis

Housing Equality & Advocacy Resource Team is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Equality & Advocacy Resource Team reported income of $243k and spending of $404k, spending 166% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $300k to $243k (-19%), an average of -10% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Housing Equality & Advocacy Resource Team sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Arlington Life Shelter Real Estate ($243k), Caitlins Smiles Inc ($243k) and Petare-Latam Foundation Inc ($243k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $56k (14% of expenses). Other salaries and wages came to $218k. At year end it held assets of $85k against liabilities of $7,416, net assets of $78k. It reported 5 employees.