Slight expense over revenue in latest filing (2022: Expenses $4,462,678 vs Revenue $4,321,889)
Strengths
Consistent revenue growth over a decade (from $1.5M in 2013 to $4.3M in 2022)
0% reported officer compensation across all filings
Healthy asset growth and strong financial reserves (Assets $1,641,047 in 2022)
Low liabilities relative to assets ($201,121 liabilities vs $1,641,047 assets in 2022)
Long history of IRS 990 filings (12 periods) indicating transparency
Spending Breakdown
How The House Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
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 The House Inc
Is The House Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The House Inc (EIN: 202947568) appears trustworthy. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
Is The House Inc a good charity to donate to?
The House Inc has a Mission Score of 95/100. Revenue: $3.9M. Assets: $1.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The House Inc?
The Employer Identification Number (EIN) for The House Inc is 202947568. 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 The House Inc spend its money?
The House Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The House Inc's tax-exempt status?
You can verify The House Inc's tax-exempt status using EIN 202947568 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
The House Inc demonstrates a generally stable financial trajectory, with revenues consistently exceeding expenses in most years, indicating sound financial management. For instance, in 2021, revenue was $4,341,712 against expenses of $4,007,922. While the latest filing (2022) shows expenses slightly exceeding revenue ($4,462,678 vs $4,321,889), this appears to be an anomaly in an otherwise positive trend of growth. The organization's assets have also shown consistent growth over the past decade, from $435,817 in 2013 to $1,641,047 in 2022, suggesting a healthy accumulation of resources.
Spending efficiency appears strong, as the organization consistently reports 0% officer compensation, which is a significant indicator of resources being directed towards its mission rather than executive salaries. This commitment to minimizing administrative overhead is commendable. The consistent growth in revenue and assets over a long period, coupled with low liabilities relative to assets, points to a well-managed and financially responsible organization.
Transparency is high given the consistent filing of IRS Form 990s over 12 periods, providing a comprehensive historical financial record. The absence of reported officer compensation further enhances the perception of transparency and dedication to program services. The organization's financial health appears robust, with a strong capacity to sustain its operations and grow its impact.