Quick charity verification for Housing Foundation (EIN: 223090975)
Verdict: Housing Foundation appears trustworthy
78/100Mission Score
$3.2MRevenue
$4.1MAssets
1Red Flags
3Strengths
Red Flags
The provided data does not include specific executive compensation figures, making it impossible to assess this aspect of financial management.
Strengths
Consistently high percentage of expenses dedicated to programs (e.g., 88% in 2023 based on (2637063 program expenses / 2895028 total expenses)), demonstrating a strong commitment to their mission.
Stable revenue and asset growth over the past several years, indicating financial resilience and effective management.
Low administrative and fundraising overhead, maximizing resources for direct services.
AI Transparency Report
Housing Foundation is a unknown nonprofit based in Orono, Maine, with reported revenue of $3.2M and assets of $4.1M. Our AI analysis assigns a Mission Score of 78/100 (Good). Approximately 88% of spending goes to programs, 7% to administration, and 5% to fundraising. Executive compensation is not explicitly detailed in the provided data, as the 'c0%' likely refers to lobbying costs, not compensation figures. Further investigation into their Form 990 would be needed to assess executive compensation. Revenue has grown +55% across 13 filing periods.