Housing Visions Unlimited Inc

Analysis

Housing Visions Unlimited Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in August 1992, 34 years ago. 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, Housing Visions Unlimited Inc reported income of $21.2m and spending of $19.2m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.7m to $21.2m (+67%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 131%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Housing Visions Unlimited Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Volunteers of America Inc ($21.2m), Community Youth Center of San Francisco ($21.2m) and Mid-Erie Mental Health Services Inc ($21.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.0% and program service revenue 95% of the total. Other salaries and wages came to $4.0m. At year end it held assets of $61.0m against liabilities of $33.2m, net assets of $27.9m. It reported 9 employees.