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
Is Housing Resource Center Of Monterey County Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
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.
AI Transparency Report
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.
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?
Based on AI analysis of IRS 990 filings, Housing Resource Center Of Monterey County (EIN: 200125143) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
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. The remaining budget covers administration and fundraising costs.
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.
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.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 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.
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.