Fair Share Housing Center Inc
Fair Share Housing Center: Strong Financials, Mission-Driven Spending
EIN: 222111275 · Cherry Hill, NJ · NTEE: L30Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $2.2M |
| Program Spending | 80% |
| Net Assets | $4.7M |
| Transparency Score | 90/100 |
Is Fair Share Housing Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fair Share Housing Center Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fair Share Housing Center Inc
Fair Share Housing Center Inc (EIN: 222111275) is a nonprofit organization based in Cherry Hill, NJ, classified under NTEE code L30Z. The organization reported total revenue of $3.6M and total assets of $5.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fair Share Housing Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fair Share Housing Center Inc is a mid-size nonprofit that has been operating for 49 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$543K |
| Total Assets | $5.0M |
| Total Liabilities | $293K |
| Net Assets | $4.7M |
| Operating Margin | 20.1% |
| Debt-to-Asset Ratio | 5.9% |
| Months of Reserves | 27.7 months |
Financial Health Grade: A
In 2023, Fair Share Housing Center Inc reported a surplus of $543K with revenue exceeding expenses, holds 27.7 months of operating reserves (strong position), has a debt-to-asset ratio of 5.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Fair Share Housing Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.2% | +2.6% | +15.4% |
| 2022 | -14.4% | +25.9% | +5.3% |
| 2021 | -11.6% | +6.8% | +40.9% |
| 2020 | +151.2% | +6.7% | +101.1% |
| 2019 | -37.3% | +7.0% | +8.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1977 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fair Share Housing Center Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Fair Share Housing Center Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $543K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.9%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the 'c0%' in filings suggests no reported compensation for key employees, which is unusual for an organization of this size and could indicate pro bono leadership or a different reporting structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Fair Share Housing Center Inc's IRS 990 filings:
- Lack of explicit executive compensation details in the provided data makes it difficult to assess fairness and transparency in this area.
Strengths
The following positive indicators were identified for Fair Share Housing Center Inc:
- Consistent revenue growth from $1,159,092 in 2016 to $3,610,816 in 2023 demonstrates strong fundraising and donor support.
- Significant increase in assets from $645,831 in 2016 to $5,937,285 in 2023 indicates robust financial health and capacity.
- Low liabilities relative to assets, with liabilities at $292,817 in 2023 against $5,937,285 in assets, suggests strong financial management.
- The organization consistently reports 'c0%' for compensation, which, if accurate for all key employees, indicates a highly dedicated, potentially pro bono, leadership or a very efficient operational model.
- Focus on 'Fair Share Housing' implies a clear and impactful mission addressing critical social needs.
Frequently Asked Questions about Fair Share Housing Center Inc
Is Fair Share Housing Center Inc a legitimate charity?
Fair Share Housing Center Inc (EIN: 222111275) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.6M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Fair Share Housing Center Inc spend its money?
Fair Share Housing Center Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Fair Share Housing Center Inc tax-deductible?
Fair Share Housing Center Inc is registered as a tax-exempt nonprofit (EIN: 222111275). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Fair Share Housing Center Inc's spending goes to programs?
Fair Share Housing Center Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Fair Share Housing Center Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Fair Share Housing Center Inc is above average for NTEE category L30Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fair Share Housing Center Inc located?
Fair Share Housing Center Inc is headquartered in Cherry Hill, New Jersey and files with the IRS under EIN 222111275. It is classified under NTEE code L30Z.
How many years of IRS 990 filings does Fair Share Housing Center Inc have?
Fair Share Housing Center Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.6M in total revenue.
What does Fair Share Housing Center Inc do?
Fair Share Housing Center Inc is a nonprofit organization in the Housing & Shelter sector, located in Cherry Hill, New Jersey. It is classified under NTEE code L30Z.
How much revenue does Fair Share Housing Center Inc have?
Fair Share Housing Center Inc reported total revenue of $3,610,816. Based on 13 IRS 990 filings on record.
What are Fair Share Housing Center Inc's total assets?
Fair Share Housing Center Inc holds total assets of $5,937,285 as reported in IRS 990 filings.
Where is Fair Share Housing Center Inc located?
Fair Share Housing Center Inc is based in Cherry Hill, New Jersey.
What is Fair Share Housing Center Inc's EIN?
Fair Share Housing Center Inc's Employer Identification Number (EIN) is 222111275. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Fair Share Housing Center Inc?
Fair Share Housing Center Inc is classified under NTEE code L30Z (Housing & Shelter).
Is Fair Share Housing Center Inc a registered 501(c)(3)?
Yes, Fair Share Housing Center Inc is recognized as a tax-exempt organization by the IRS. EIN: 222111275.
Does Fair Share Housing Center Inc file IRS Form 990?
Yes, Fair Share Housing Center Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Fair Share Housing Center Inc's revenue in 2023?
In the 202312 filing period, Fair Share Housing Center Inc reported total revenue of $2,705,547, total expenses of $2,162,869, and net assets of $4,995,293.
Is Fair Share Housing Center Inc's revenue growing or declining?
Fair Share Housing Center Inc's revenue is growing. Revenue went from $2,328,703 (202212) to $2,705,547 (202312), a +16.2% change. Based on 13 filings on record.
What is Fair Share Housing Center Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Fair Share Housing Center Inc covers tax period 202312. It shows revenue of $2,705,547, expenses of $2,162,869, total assets of $4,995,293, and liabilities of $292,817.
How much does Fair Share Housing Center Inc spend on programs vs administration?
Based on IRS 990 analysis, Fair Share Housing Center Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Fair Share Housing Center Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Fair Share Housing Center Inc appears trustworthy. Mission Score: 90/100 (Excellent). 1 red flag identified. 5 strengths noted.
What are the red flags for Fair Share Housing Center Inc?
The following concerns were identified: Lack of explicit executive compensation details in the provided data makes it difficult to assess fairness and transparency in this area.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Fair Share Housing Center Inc's strengths?
Positive indicators for Fair Share Housing Center Inc include: Consistent revenue growth from $1,159,092 in 2016 to $3,610,816 in 2023 demonstrates strong fundraising and donor support.. Significant increase in assets from $645,831 in 2016 to $5,937,285 in 2023 indicates robust financial health and capacity.. Low liabilities relative to assets, with liabilities at $292,817 in 2023 against $5,937,285 in assets, suggests strong financial management.. The organization consistently reports 'c0%' for compensation, which, if accurate for all key employees, indicates a highly dedicated, potentially pro bono, leadership or a very efficient operational model.. Focus on 'Fair Share Housing' implies a clear and impactful mission addressing critical social needs.. These findings are derived from AI analysis of the organization's financial filings.
How does Fair Share Housing Center Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the 'c0%' in filings suggests no reported compensation for key employees, which is unusual for an organization of this size and could indicate pro bono leadership or a different reporting structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'c0%' reported for compensation across all years, how does Fair Share Housing Center Inc. attract and retain leadership and key personnel, especially with growing revenue and assets?
The 'c0%' for compensation is highly unusual for an organization of this scale. It could imply that key leadership positions are filled by pro bono professionals, that compensation is reported under a different category not captured by 'c', or that the organization relies heavily on volunteers. Further investigation into their Form 990, specifically Part VII, Section A, would be necessary to understand their compensation structure.
What is the primary driver behind the substantial increase in assets from $645,831 in 2016 to $5,937,285 in 2023, and how are these assets being utilized to further their mission?
The significant asset growth suggests successful fundraising, investment gains, or potentially the acquisition of property or other substantial resources. Without more detailed financial statements, it's difficult to pinpoint the exact drivers. These assets likely provide a strong financial foundation, enabling the organization to expand programs, build reserves, or invest in long-term initiatives related to fair housing.
Filing History
IRS 990 filing history for Fair Share Housing Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Fair Share Housing Center Inc's revenue has grown by 496.1%, moving from $454K to $2.7M. Total assets increased by 2049% over the same period, from $232K to $5.0M. Total functional expenses rose by 433.2%, from $406K to $2.2M. In its most recent filing year (2023), Fair Share Housing Center Inc reported a surplus of $543K, with revenue exceeding expenses. The organization holds $293K in liabilities against $5.0M in assets (debt-to-asset ratio: 5.9%), resulting in net assets of $4.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $2.2M | $5.0M | $293K | — | — |
| 2022 | $2.3M | $2.1M | $4.3M | $170K | — | View 990 |
| 2021 | $2.7M | $1.7M | $4.1M | $171K | — | View 990 |
| 2020 | $3.1M | $1.6M | $2.9M | $24K | — | View 990 |
| 2019 | $1.2M | $1.5M | $1.5M | $69K | — | View 990 |
| 2018 | $2.0M | $1.4M | $1.3M | $96K | — | View 990 |
| 2017 | $1.8M | $1.3M | $789K | $126K | — | View 990 |
| 2016 | $1.2M | $1.5M | $646K | $439K | — | View 990 |
| 2015 | $1.3M | $848K | $986K | $443K | — | View 990 |
| 2014 | $1.1M | $749K | $472K | $401K | — | View 990 |
| 2013 | $551K | $638K | $127K | $402K | — | View 990 |
| 2012 | $423K | $435K | $218K | $405K | — | View 990 |
| 2011 | $454K | $406K | $232K | $407K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $2.2M, and assets of $5.0M (revenue +16.2% year-over-year).
- 2022: Revenue of $2.3M, expenses of $2.1M, and assets of $4.3M (revenue -14.4% year-over-year).
- 2021: Revenue of $2.7M, expenses of $1.7M, and assets of $4.1M (revenue -11.6% year-over-year).
- 2020: Revenue of $3.1M, expenses of $1.6M, and assets of $2.9M (revenue +151.2% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.5M, and assets of $1.5M (revenue -37.3% year-over-year).
- 2018: Revenue of $2.0M, expenses of $1.4M, and assets of $1.3M (revenue +10.8% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.3M, and assets of $789K (revenue +52.4% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.5M, and assets of $646K (revenue -12.2% year-over-year).
- 2015: Revenue of $1.3M, expenses of $848K, and assets of $986K (revenue +20.6% year-over-year).
- 2014: Revenue of $1.1M, expenses of $749K, and assets of $472K (revenue +98.9% year-over-year).
- 2013: Revenue of $551K, expenses of $638K, and assets of $127K (revenue +30.3% year-over-year).
- 2012: Revenue of $423K, expenses of $435K, and assets of $218K (revenue -6.9% year-over-year).
- 2011: Revenue of $454K, expenses of $406K, and assets of $232K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fair Share Housing Center Inc:
Data Sources and Methodology
This transparency report for Fair Share Housing Center Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.