Family Housing Resources Inc

Analysis

Family Housing Resources Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in August 2000, 26 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, Family Housing Resources Inc reported income of $1.9m and spending of $2.1m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.9m to $1.9m (-52%), an average of -17% a year. The sharpest change came in the year to December 2021, when income rose by 144%. Over the whole period it spent 70% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Family Housing Resources Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within AZ. Charities of a similar size with the same main cause include Partners in Action Inc ($1.9m), Hope Ministries of Baton Rouge ($1.9m) and Vestedin ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $144k (7.0% of expenses). Other salaries and wages came to $581k. At year end it held assets of $10.1m against liabilities of $2.7m, net assets of $7.4m.