Housing Resource Center Of Monterey County

Housing Resource Center Of Monterey County consistently directs over 80% of expenses to programs with no reported officer compensation.

EIN: 200125143 · Salinas, CA · NTEE: L80 · Updated: 2026-03-28

$3.4MRevenue
$1.3MAssets
92/100Mission Score (Excellent)
L80

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Housing Resource Center Of Monterey County Financial Summary
MetricValue
Total Revenue$3.4M
Total Expenses$4.3M
Program Spending85%
Net Assets$643K
Transparency Score92/100

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Housing Resource Center Of Monterey County Form 990, Revenue, CEO Pay, and IRS Filing Signals

Housing Resource Center Of Monterey County is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Housing Resource Center Of Monterey County in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $4.4M and expenses of $4.3M.

Revenue and Expenses

Housing Resource Center Of Monterey County reported $4.4M in revenue and $4.3M in expenses, a surplus of $163K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

92/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.

Is Housing Resource Center Of Monterey County Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
85%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Housing Resource Center Of Monterey County Expense Deployment
Program services$3.6M (85%)

Across stored filings, Housing Resource Center Of Monterey County shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Housing Resource Center Of Monterey County Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacyAppears LegitimateGood filing record; no red flags identified
Mission spend85% to programsExcellent
Financial durabilityGrade A13 stored filing years
Peer contextCompare with Butte County Fire Safe CouncilCalifornia and Category L context

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Housing Resource Center Of Monterey County directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Housing Resource Center Of Monterey County

Housing Resource Center Of Monterey County (EIN: 200125143) is a nonprofit organization based in Salinas, CA, classified under NTEE code L80. The organization reported total revenue of $3.4M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Housing Resource Center Of Monterey County's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

22Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Housing Resource Center Of Monterey County is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.6%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$4.4M
Total Expenses$4.3M
Surplus / Deficit+$163K
Total Assets$1.3M
Total Liabilities$698K
Net Assets$643K
Operating Margin3.7%
Debt-to-Asset Ratio52.1%
Months of Reserves3.8 months

Financial Health Grade: A

In 2023, Housing Resource Center Of Monterey County reported a surplus of $163K with revenue exceeding expenses, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 52.1% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Housing Resource Center Of Monterey County's revenue has grown at a compound annual growth rate (CAGR) of 10.6%.

YearRevenue ChangeExpense ChangeAsset Change
2023-3.7%-6.8%+4.8%
2022-2.0%+4.9%+37.2%
2021+93.5%+74.5%+155.5%
2020+43.7%+62.8%+39.5%
2019+39.3%+7.1%+44.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2004

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Housing Resource Center Of Monterey County demonstrates consistent financial growth and a strong commitment to its mission, as evidenced by its program spending. Over the past five years, the organization's revenue has significantly increased from $1,683,175 in 2019 to $4,414,467 in 2023, indicating robust fundraising and grant acquisition capabilities. The organization consistently spends a high percentage of its total expenses on program services, averaging around 85% based on available data, which is a positive indicator of efficiency. Financial health appears stable, with assets growing from $261,758 in 2019 to $1,341,100 in 2023, outpacing liabilities. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency and a focus on directing funds towards programmatic activities rather than executive salaries. This practice is highly commendable and contributes to a strong public trust in the organization's financial stewardship. The organization's ability to maintain healthy asset growth while expanding its operational scale reflects sound financial management.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Housing Resource Center Of Monterey County with a Mission Score of 92 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 Resource Center Of Monterey County 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:

$4.4MTotal Revenue
$4.3MTotal Expenses
$1.3MTotal Assets
$698KTotal Liabilities
$643KNet Assets
  • The organization reported a surplus of $163K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 52.1%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a highly unusual and positive sign, suggesting that leadership may be volunteer-based or compensated through other means, allowing more funds to directly support the organization's mission.

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.

Strengths

The following positive indicators were identified for Housing Resource Center Of Monterey County:

  • Strong program spending ratio (approximately 85% of expenses)
  • Consistent reporting of 0% officer compensation
  • Significant revenue growth over the past five years (from $1.68M in 2019 to $4.41M in 2023)
  • Healthy asset growth outpacing liabilities
  • Consistent positive net income in most recent years, indicating financial stability

Frequently Asked Questions about Housing Resource Center Of Monterey County

Is Housing Resource Center Of Monterey County a legitimate charity?

Housing Resource Center Of Monterey County (EIN: 200125143) is a registered tax-exempt nonprofit based in California. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.4M. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Housing Resource Center Of Monterey County spend its money?

Housing Resource Center Of Monterey County directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Housing Resource Center Of Monterey County tax-deductible?

Housing Resource Center Of Monterey County is registered as a tax-exempt nonprofit (EIN: 200125143). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Housing Resource Center Of Monterey County's spending goes to programs?

Housing Resource Center Of Monterey County directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Housing Resource Center Of Monterey County compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Housing Resource Center Of Monterey County is above average for NTEE category L80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Housing Resource Center Of Monterey County located?

Housing Resource Center Of Monterey County is headquartered in Salinas, California and files with the IRS under EIN 200125143. It is classified under NTEE code L80.

How many years of IRS 990 filings does Housing Resource Center Of Monterey County have?

Housing Resource Center Of Monterey County 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 $3.4M in total revenue.

Is Housing Resource Center Of Monterey County a good charity?

Based on its financial data, the Housing Resource Center Of Monterey County appears to be a very good charity. It consistently allocates a high percentage of its expenses to program services (around 85%) and reports 0% officer compensation, indicating strong financial efficiency and a clear focus on its mission.

How has the organization's revenue changed over time?

The organization has experienced significant revenue growth, increasing from $1,683,175 in 2019 to $4,414,467 in 2023, demonstrating a strong upward trend in financial support.

What is the organization's approach to executive compensation?

The organization reports 0% officer compensation in all available filings, which is an exceptional practice that maximizes funds available for program delivery and enhances transparency.

Filing History

IRS 990 filing history for Housing Resource Center Of Monterey County showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Housing Resource Center Of Monterey County's revenue has grown by 234.3%, moving from $1.3M to $4.4M. Total assets increased by 347.1% over the same period, from $300K to $1.3M. Total functional expenses rose by 200.8%, from $1.4M to $4.3M. In its most recent filing year (2023), Housing Resource Center Of Monterey County reported a surplus of $163K, with revenue exceeding expenses. The organization holds $698K in liabilities against $1.3M in assets (debt-to-asset ratio: 52.1%), resulting in net assets of $643K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $4.4M $4.3M $1.3M $698K
2022 $4.6M $4.6M $1.3M $800K
2021 $4.7M $4.3M $933K $468K View 990
2020 $2.4M $2.5M $365K $234K View 990
2019 $1.7M $1.5M $262K $58K View 990
2018 $1.2M $1.4M $181K $130K View 990
2017 $1.7M $1.8M $282K $10K View 990
2016 $2.7M $2.5M $466K $62K View 990
2015 $2.9M $2.8M $291K $90K View 990
2014 $1.0M $967K $186K $95K View 990
2013 $416K $514K $181K $154K View 990
2012 $862K $975K $190K $68K View 990
2011 $1.3M $1.4M $300K $65K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $4.4M, expenses of $4.3M, and assets of $1.3M (revenue -3.7% year-over-year).
  • 2022: Revenue of $4.6M, expenses of $4.6M, and assets of $1.3M (revenue -2.0% year-over-year).
  • 2021: Revenue of $4.7M, expenses of $4.3M, and assets of $933K (revenue +93.5% year-over-year).
  • 2020: Revenue of $2.4M, expenses of $2.5M, and assets of $365K (revenue +43.7% year-over-year).
  • 2019: Revenue of $1.7M, expenses of $1.5M, and assets of $262K (revenue +39.3% year-over-year).
  • 2018: Revenue of $1.2M, expenses of $1.4M, and assets of $181K (revenue -29.5% year-over-year).
  • 2017: Revenue of $1.7M, expenses of $1.8M, and assets of $282K (revenue -36.1% year-over-year).
  • 2016: Revenue of $2.7M, expenses of $2.5M, and assets of $466K (revenue -7.8% year-over-year).
  • 2015: Revenue of $2.9M, expenses of $2.8M, and assets of $291K (revenue +181.6% year-over-year).
  • 2014: Revenue of $1.0M, expenses of $967K, and assets of $186K (revenue +148.3% year-over-year).
  • 2013: Revenue of $416K, expenses of $514K, and assets of $181K (revenue -51.8% year-over-year).
  • 2012: Revenue of $862K, expenses of $975K, and assets of $190K (revenue -34.7% year-over-year).
  • 2011: Revenue of $1.3M, expenses of $1.4M, and assets of $300K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Housing Resource Center Of Monterey County:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Housing Resource Center Of Monterey County 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.

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