Yes Housing Inc

Analysis

Yes Housing Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Yes Housing Inc reported income of $5.7m and spending of $4.8m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $5.7m (+53%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 69%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Yes Housing Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NM. Charities of a similar size with the same main cause include Akiptan ($5.7m), Crefeld School ($5.7m) and Friends of Catholic University in Chile Inc ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $843k (18% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $65.4m against liabilities of $29.3m, net assets of $36.1m. It reported 28 employees.