Insight Housing

Analysis

Insight Housing is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in February 1986, 40 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Insight Housing reported income of $23.1m and spending of $22.6m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.1m to $23.1m (+155%), an average of +26% a year. The sharpest change came in the year to June 2021, when income rose by 131%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Insight Housing sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Food Bank of Alaska Inc ($23.1m), Center for Human Services ($23.1m) and Rockland Independent Living Center Inc ($23.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 7.4% of the total. Compensation of current officers, directors and key employees was $1.5m (6.4% of expenses). Other salaries and wages came to $8.8m. At year end it held assets of $12.4m against liabilities of $6.6m, net assets of $5.9m. It reported 202 employees.