Charity Search / HOMELESS EMPOWERMENT PROJECT INC
Human Services (P80) IRS Verified DX Registered 990 on File

HOMELESS EMPOWERMENT PROJECT INC

EIN: 04-3203910 · CAMBRIDGE, MA 02138-5201 · United States · FY 2023 Data
3 out of 5 53 / 100 Based on one year of filings
Financial strength (30%) 91/100
Reliability (20%) 40/100
Effectiveness (25%) 73/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$64K
Total Revenue
$64K
Total Expenses
$30K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 76.2%
Fundraising Efficiency N/A
Operating Reserve 5.66x
Liability-to-Asset 30.8%
Revenue Diversification 76.1%
Compared with Peers
FY 2023
Compared with 16,316 similar organizations (United States, Human Services, under $100K in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
76.2% 84.3%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
5.7 mo 15.8 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
30.8% 0.0%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
76.1% 100.0%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
11.7% 0.0%
P10P90
Expense growth
Year over year expense growth
31.6% 1.5%
P10P90
Surplus margin
Surplus as a share of revenue
-0.7% 9.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $64K $64K $30K 76.2%
2022 $57K $49K N/A 1
2021 $51K $41K N/A 1
2020 $96K $94K N/A 1
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Organization Details
EIN
04-3203910
State
MA
City
CAMBRIDGE
ZIP
02138-5201
Classification
P80
Category
Human Services
Rating
3★
Coverage
B
Last Updated
Aug 2026
IRS Ruling Year
1992
Foundation Code
15
Form 990
On File
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