Is Housing With Heart Inc Legit?

Strengths

Consistent revenue growth over the past decade, from $1,786,932 in 2014 to $4,754,649 in 2023.
Zero officer compensation reported across all available filings, indicating strong financial transparency and mission focus.
Significant asset growth, from $251,861 in 2014 to $1,568,395 in 2023.
Generally good expense management, with expenses closely tracking revenue in most years.
Long filing history (13 filings) demonstrates consistent compliance and operational longevity.

Spending Breakdown

How Housing With Heart Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Housing With Heart Inc

Is Housing With Heart Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Housing With Heart Inc (EIN: 10813367) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.

Is Housing With Heart Inc a good charity to donate to?

Housing With Heart Inc has a Mission Score of 92/100. Revenue: $9.4M. Assets: $3.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Housing With Heart Inc?

The Employer Identification Number (EIN) for Housing With Heart Inc is 10813367. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Housing With Heart Inc spend its money?

Housing With Heart Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Housing With Heart Inc's tax-exempt status?

You can verify Housing With Heart Inc's tax-exempt status using EIN 10813367 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Housing With Heart Inc demonstrates consistent growth in revenue and assets over the past decade, indicating a stable financial trajectory. For instance, revenue grew from $1,786,932 in 2014 to $4,754,649 in 2023, and assets increased from $251,861 to $1,568,395 in the same period. The organization consistently reports 0% officer compensation, which is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. While the 2023 filing shows expenses ($5,291,732) exceeding revenue ($4,754,649), leading to a net deficit for that year, this appears to be an anomaly in an otherwise positive trend of managing expenses close to revenue.

The organization's spending efficiency is generally good, with expenses closely tracking revenue in most years, suggesting responsible financial management. The absence of reported officer compensation enhances its transparency profile. However, without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, a precise assessment of spending efficiency across these categories is limited. The consistent growth in assets and revenue, coupled with no executive compensation, suggests a well-managed and transparent operation focused on its mission.

Overall, Housing With Heart Inc appears to be a financially healthy and transparent organization. The consistent growth and lack of executive compensation are positive signs. The recent deficit in 2023 warrants monitoring but does not overshadow the long-term positive financial trends.

Verdict: Housing With Heart Inc appears trustworthy

Red Flags