Global Housing Foundation Inc
Global Housing Foundation Inc. faces severe financial challenges with consistent deficits and declining assets.
EIN: 208065632 · Oklahoma City, OK · NTEE: L20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4K |
| Total Expenses | $50K |
| Program Spending | 70% |
| Net Assets | $104K |
| Transparency Score | 30/100 |
Is Global Housing Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Global Housing Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Global Housing Foundation Inc
Global Housing Foundation Inc (EIN: 208065632) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code L20. The organization reported total revenue of $4K and total assets of $62K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Global Housing Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Global Housing Foundation Inc is a micro nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -34.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $50K |
| Surplus / Deficit | $-48,711 |
| Total Assets | $104K |
| Net Assets | $104K |
| Operating Margin | -2972.0% |
| Months of Reserves | 24.8 months |
Financial Health Grade: B
In 2023, Global Housing Foundation Inc reported a deficit of $49K with expenses exceeding revenue, holds 24.8 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Global Housing Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -34.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -87.0% | +113.9% | -31.9% |
| 2022 | +449.0% | +126.9% | -6.7% |
| 2020 | -100.0% | +99.8% | -6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2008 |
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 Global Housing Foundation Inc with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Global Housing Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $49K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is not drawing a salary, which is a positive sign for a nonprofit with limited revenue.
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 Global Housing Foundation Inc's IRS 990 filings:
- Consistent and significant operational deficits (e.g., $1,639 revenue vs. $50,350 expenses in 2023).
- Declining asset base over several years (from $171,754 in 2020 to $104,018 in 2023).
- Highly volatile revenue streams, making financial planning difficult.
- Expenses significantly outweighing revenue in most recent filings.
Strengths
The following positive indicators were identified for Global Housing Foundation Inc:
- 0% officer compensation reported across all filings, indicating leadership is not drawing a salary.
- Long operational history with 12 filings, suggesting commitment despite financial challenges.
Frequently Asked Questions about Global Housing Foundation Inc
Is Global Housing Foundation Inc a legitimate charity?
Global Housing Foundation Inc (EIN: 208065632) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 30/100. It has 12 years of IRS 990 filings on record. Total revenue: $4K. 4 red flags identified. 2 strengths noted. Financial health grade: B.
How does Global Housing Foundation Inc spend its money?
Global Housing Foundation Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Global Housing Foundation Inc tax-deductible?
Global Housing Foundation Inc is registered as a tax-exempt nonprofit (EIN: 208065632). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Global Housing Foundation Inc's spending goes to programs?
Global Housing Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Global Housing Foundation Inc compare to similar nonprofits?
With a transparency score of 30/100 (Poor), Global Housing Foundation Inc is below average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Global Housing Foundation Inc located?
Global Housing Foundation Inc is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 208065632. It is classified under NTEE code L20.
How many years of IRS 990 filings does Global Housing Foundation Inc have?
Global Housing Foundation Inc has 12 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 $4K in total revenue.
Is Global Housing Foundation Inc. financially sustainable?
Based on the consistent and significant deficits (e.g., $1,639 revenue vs. $50,350 expenses in 2023), the organization does not appear to be financially sustainable under its current model.
What caused the sharp increase in expenses in 2023?
In 2023, expenses jumped to $50,350 from $23,534 in 2022, while revenue remained low. Without a detailed breakdown, the specific cause of this significant increase is unclear.
Why have assets been consistently declining?
Assets have declined from $171,754 in 2020 to $104,018 in 2023, likely due to the organization using its reserves to cover the recurring operational deficits.
What is the organization's primary source of revenue?
The provided data shows fluctuating and generally low revenue figures, with no specific breakdown of revenue sources. For example, 2023 revenue was $1,639, and 2022 was $12,588, suggesting inconsistent funding.
Filing History
IRS 990 filing history for Global Housing Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Global Housing Foundation Inc's revenue has declined by 99.3%, moving from $250K to $2K. Total assets decreased by 81.9% over the same period, from $573K to $104K. Total functional expenses rose by 313.6%, from $12K to $50K. In its most recent filing year (2023), Global Housing Foundation Inc reported a deficit of $49K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2K | $50K | $104K | $0 | — | — |
| 2022 | $13K | $24K | $153K | $0 | — | View 990 |
| 2021 | $2K | $10K | $164K | $0 | — | — |
| 2020 | $0 | $11K | $172K | $0 | — | View 990 |
| 2019 | $3K | $6K | $183K | $0 | — | View 990 |
| 2018 | $0 | $18K | $185K | $0 | — | View 990 |
| 2017 | $195K | $21K | $203K | $32K | — | View 990 |
| 2016 | $0 | $17K | $29K | $32K | — | View 990 |
| 2014 | $10K | $312K | $56K | $34K | — | View 990 |
| 2013 | $0 | $50K | $456K | $131K | — | View 990 |
| 2012 | $101K | $86K | $506K | $131K | — | View 990 |
| 2011 | $250K | $12K | $573K | $214K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2K, expenses of $50K, and assets of $104K (revenue -87.0% year-over-year).
- 2022: Revenue of $13K, expenses of $24K, and assets of $153K (revenue +449.0% year-over-year).
- 2021: Revenue of $2K, expenses of $10K, and assets of $164K.
- 2020: Revenue of $0, expenses of $11K, and assets of $172K (revenue -100.0% year-over-year).
- 2019: Revenue of $3K, expenses of $6K, and assets of $183K.
- 2018: Revenue of $0, expenses of $18K, and assets of $185K (revenue -100.0% year-over-year).
- 2017: Revenue of $195K, expenses of $21K, and assets of $203K.
- 2016: Revenue of $0, expenses of $17K, and assets of $29K (revenue -100.0% year-over-year).
- 2014: Revenue of $10K, expenses of $312K, and assets of $56K.
- 2013: Revenue of $0, expenses of $50K, and assets of $456K (revenue -100.0% year-over-year).
- 2012: Revenue of $101K, expenses of $86K, and assets of $506K (revenue -59.6% year-over-year).
- 2011: Revenue of $250K, expenses of $12K, and assets of $573K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Global Housing Foundation Inc:
Data Sources and Methodology
This transparency report for Global Housing Foundation 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.