Housing Management Services Inc

Analysis

Housing Management Services Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Housing Management Services Inc reported income of $1.6m and spending of $1.3m, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.2m to $1.6m (+25%), an average of +7.8% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Management Services Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within CO. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.6m), Miravia Inc ($1.6m) and Children First Community Homes and Services Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 86% of the total. At year end it held assets of $1.9m against liabilities of $140k, net assets of $1.8m. It reported 23 employees.