Housing And Economic Rights Advocates
Housing And Economic Rights Advocates shows strong growth but reported a deficit in 2023.
EIN: 202573758 · Oakland, CA · NTEE: R20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.7M |
| Total Expenses | $3.6M |
| Program Spending | 85% |
| Net Assets | $858K |
| Transparency Score | 88/100 |
Is Housing And Economic Rights Advocates Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Housing And Economic Rights Advocates directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Housing And Economic Rights Advocates
Housing And Economic Rights Advocates (EIN: 202573758) is a nonprofit organization based in Oakland, CA, classified under NTEE code R20. The organization reported total revenue of $3.7M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Housing And Economic Rights Advocates's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Housing And Economic Rights Advocates is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $3.6M |
| Surplus / Deficit | $-468,275 |
| Total Assets | $1.6M |
| Total Liabilities | $729K |
| Net Assets | $858K |
| Operating Margin | -15.2% |
| Debt-to-Asset Ratio | 45.9% |
| Months of Reserves | 5.4 months |
Financial Health Grade: B
In 2023, Housing And Economic Rights Advocates reported a deficit of $468K with expenses exceeding revenue, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 45.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Housing And Economic Rights Advocates's revenue has grown at a compound annual growth rate (CAGR) of 13.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.7% | +9.1% | -27.0% |
| 2022 | +80.5% | +81.1% | +117.5% |
| 2021 | +13.5% | +40.8% | +14.5% |
| 2020 | +75.3% | +25.6% | +317.5% |
| 2019 | +35.8% | +1.8% | -26.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Housing And Economic Rights Advocates with a Mission Score of 88 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: 85%
- fundraising: 5%
According to IRS 990 filings, Housing And Economic Rights Advocates allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $468K, with expenses exceeding revenue.
- Debt-to-asset ratio: 45.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through non-officer categories, which is highly favorable for donor perception of administrative efficiency.
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 Housing And Economic Rights Advocates's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($3,553,530 vs. $3,085,255), indicating a deficit for that period.
Strengths
The following positive indicators were identified for Housing And Economic Rights Advocates:
- Consistent 0% officer compensation reported across all filings, indicating high efficiency.
- Significant revenue growth from $1,019,195 in 2019 to $3,085,255 in 2023.
- Substantial asset growth from $209,365 in 2019 to $1,587,378 in 2023.
- Clear alignment between NTEE code (R20 - Housing, Shelter) and organizational mission.
Frequently Asked Questions about Housing And Economic Rights Advocates
Is Housing And Economic Rights Advocates a legitimate charity?
Housing And Economic Rights Advocates (EIN: 202573758) is a registered tax-exempt nonprofit based in California. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.7M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Housing And Economic Rights Advocates spend its money?
Housing And Economic Rights Advocates directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Housing And Economic Rights Advocates tax-deductible?
Housing And Economic Rights Advocates is registered as a tax-exempt nonprofit (EIN: 202573758). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Housing And Economic Rights Advocates's spending goes to programs?
Housing And Economic Rights Advocates directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Housing And Economic Rights Advocates compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Housing And Economic Rights Advocates is above average for NTEE category R20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Housing And Economic Rights Advocates located?
Housing And Economic Rights Advocates is headquartered in Oakland, California and files with the IRS under EIN 202573758. It is classified under NTEE code R20.
How many years of IRS 990 filings does Housing And Economic Rights Advocates have?
Housing And Economic Rights Advocates 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 $3.7M in total revenue.
Is Housing And Economic Rights Advocates financially stable?
While HERA has shown significant revenue and asset growth over the past decade, the 2023 filing reported expenses ($3,553,530) exceeding revenue ($3,085,255), resulting in a deficit. This suggests a need for careful financial management to maintain long-term stability, despite overall positive trends.
How efficient is Housing And Economic Rights Advocates with its spending?
The organization appears highly efficient, consistently reporting 0% officer compensation across all filings. This suggests a very low administrative burden from executive salaries, allowing more funds to be directed towards programs.
Has Housing And Economic Rights Advocates grown over time?
Yes, HERA has demonstrated substantial growth. Its revenue increased from $1,019,195 in 2019 to $3,085,255 in 2023, and assets grew from $209,365 to $1,587,378 in the same period, indicating significant expansion.
What are the key financial trends for Housing And Economic Rights Advocates?
Key trends include consistent revenue and asset growth over the past decade, a strong commitment to minimizing officer compensation, but also occasional deficits, such as the one reported in 2023 where expenses exceeded revenue.
Filing History
IRS 990 filing history for Housing And Economic Rights Advocates showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Housing And Economic Rights Advocates's revenue has grown by 334.2%, moving from $710K to $3.1M. Total assets increased by 334% over the same period, from $366K to $1.6M. Total functional expenses rose by 417.7%, from $686K to $3.6M. In its most recent filing year (2023), Housing And Economic Rights Advocates reported a deficit of $468K, with expenses exceeding revenue. The organization holds $729K in liabilities against $1.6M in assets (debt-to-asset ratio: 45.9%), resulting in net assets of $858K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $3.6M | $1.6M | $729K | — | View 990 |
| 2022 | $3.7M | $3.3M | $2.2M | $877K | — | View 990 |
| 2021 | $2.0M | $1.8M | $1.0M | $106K | — | View 990 |
| 2020 | $1.8M | $1.3M | $874K | $209K | — | — |
| 2019 | $1.0M | $1.0M | $209K | $58K | — | View 990 |
| 2018 | $751K | $999K | $283K | $133K | — | View 990 |
| 2017 | $974K | $1.0M | $427K | $29K | — | View 990 |
| 2016 | $1.1M | $936K | $524K | $61K | — | View 990 |
| 2015 | $742K | $821K | $432K | $105K | — | View 990 |
| 2014 | $823K | $924K | $1.3M | $925K | — | View 990 |
| 2013 | $866K | $859K | $587K | $79K | — | View 990 |
| 2012 | $1.1M | $857K | $543K | $42K | — | View 990 |
| 2011 | $710K | $686K | $366K | $85K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $3.6M, and assets of $1.6M (revenue -15.7% year-over-year).
- 2022: Revenue of $3.7M, expenses of $3.3M, and assets of $2.2M (revenue +80.5% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.8M, and assets of $1.0M (revenue +13.5% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.3M, and assets of $874K (revenue +75.3% year-over-year).
- 2019: Revenue of $1.0M, expenses of $1.0M, and assets of $209K (revenue +35.8% year-over-year).
- 2018: Revenue of $751K, expenses of $999K, and assets of $283K (revenue -22.9% year-over-year).
- 2017: Revenue of $974K, expenses of $1.0M, and assets of $427K (revenue -9.1% year-over-year).
- 2016: Revenue of $1.1M, expenses of $936K, and assets of $524K (revenue +44.4% year-over-year).
- 2015: Revenue of $742K, expenses of $821K, and assets of $432K (revenue -9.8% year-over-year).
- 2014: Revenue of $823K, expenses of $924K, and assets of $1.3M (revenue -5.0% year-over-year).
- 2013: Revenue of $866K, expenses of $859K, and assets of $587K (revenue -19.7% year-over-year).
- 2012: Revenue of $1.1M, expenses of $857K, and assets of $543K (revenue +51.7% year-over-year).
- 2011: Revenue of $710K, expenses of $686K, and assets of $366K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Housing And Economic Rights Advocates:
Data Sources and Methodology
This transparency report for Housing And Economic Rights Advocates 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.