Housing & Shelter
(L20Z)
IRS Verified
DX Registered
990 on File
HOUSING ASSISTANCE CORPORATION
Financial strength (30%)
70/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$37.1M
Total Revenue
$36.2M
Total Expenses
$11.3M
Net Assets
138
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
89.2%
Fundraising Efficiency
6645.9%
Operating Reserve
3.74x
Liability-to-Asset
47.1%
Revenue Diversification
88.4%
Executive Compensation
$497K
Compared with Peers
FY 2023
Compared with 663 similar organizations
(United States, Housing & Shelter, $10M–$100M 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
|
89.2% | 87.0% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
7.1% | 10.8% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
3.7% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
6645.9% | 696.4% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
3.7 mo | 5.2 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
47.1% | 66.9% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
88.4% | 92.3% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
2.2% | 8.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
1.1% | 9.3% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
2.3% | 0.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $37.1M | $36.2M | $11.3M | 89.2% | 138 |
| 2022 | $36.2M | $35.8M | $10.3M | 91.7% | 138 |
| 2021 | $31.8M | $30.3M | N/A | — | 141 |
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