Is Housing Action Council Inc Legit?

Quick charity verification for Housing Action Council Inc (EIN: 132846967)

Verdict: Housing Action Council Inc appears trustworthy

90/100Mission Score
$1.8MRevenue
$44.9MAssets
1Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Housing Action Council Inc. demonstrates a strong financial position with consistently growing assets, reaching $45,309,285 in 2023. The organization has shown significant revenue fluctuations over the years, with a notable peak of $17,892,637 in 2020, likely due to specific grants or projects, before stabilizing around $1.5M - $3M in recent years. Their expenses have remained relatively stable, typically between $1.1M and $1.5M annually, indicating consistent operational costs despite revenue variability. The organization consistently reports 0% officer compensation, which is a significant indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice, combined with a healthy asset base, suggests a well-managed and financially sound organization.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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