Ingraham Housing Corporation Inc
Ingraham Housing Corporation Inc maintains stable operations with balanced revenues and expenses, and no reported officer compensation.
EIN: 10495250 · S Portland, ME · NTEE: L80Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $210K |
| Total Expenses | $196K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $75K |
| Transparency Score | 85/100 |
Is Ingraham Housing Corporation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ingraham Housing Corporation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ingraham Housing Corporation Inc
Ingraham Housing Corporation Inc (EIN: 10495250) is a nonprofit organization based in S Portland, ME, classified under NTEE code L80Z. The organization reported total revenue of $210K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ingraham Housing Corporation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ingraham Housing Corporation Inc is a small nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $193K |
| Total Expenses | $196K |
| Surplus / Deficit | $-2,920 |
| Total Assets | $2.1M |
| Total Liabilities | $2.1M |
| Net Assets | $75K |
| Operating Margin | -1.5% |
| Debt-to-Asset Ratio | 96.5% |
| Months of Reserves | 130.3 months |
Financial Health Grade: C
In 2023, Ingraham Housing Corporation Inc reported a deficit of $3K with expenses exceeding revenue, holds 130.3 months of operating reserves (strong position), has a debt-to-asset ratio of 96.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ingraham Housing Corporation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.2% | +1.3% | +29.5% |
| 2022 | -9.0% | -8.2% | -5.6% |
| 2021 | -26.5% | -17.4% | -5.1% |
| 2020 | +19.3% | +78.9% | -19.5% |
| 2019 | +49.3% | -9.8% | +89.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Ingraham Housing Corporation Inc with a Mission Score of 85 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Ingraham Housing Corporation Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 96.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive direct compensation from Ingraham Housing Corporation Inc, which is highly favorable for a nonprofit of its size with assets exceeding $2 million.
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 Ingraham Housing Corporation Inc:
- Consistent 0% officer compensation, indicating strong financial stewardship and potential volunteer leadership.
- Stable financial operations with revenues generally covering expenses over multiple years.
- Growing asset base, reaching over $2.1 million in 2023, suggesting long-term stability.
- Clear alignment with its NTEE code (Housing & Shelter) and consistent financial activity supporting its mission.
Frequently Asked Questions about Ingraham Housing Corporation Inc
Is Ingraham Housing Corporation Inc a legitimate charity?
Ingraham Housing Corporation Inc (EIN: 10495250) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $210K. No red flags identified. 4 strengths noted. Financial health grade: C.
How does Ingraham Housing Corporation Inc spend its money?
Ingraham Housing Corporation Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Ingraham Housing Corporation Inc tax-deductible?
Ingraham Housing Corporation Inc is registered as a tax-exempt nonprofit (EIN: 10495250). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ingraham Housing Corporation Inc CEO make?
Ingraham Housing Corporation Inc's highest-compensated officer earns $2 annually. The organization reported $210K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Ingraham Housing Corporation Inc's spending goes to programs?
Ingraham Housing Corporation Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ingraham Housing Corporation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Ingraham Housing Corporation Inc is above average for NTEE category L80Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ingraham Housing Corporation Inc located?
Ingraham Housing Corporation Inc is headquartered in S Portland, Maine and files with the IRS under EIN 10495250. It is classified under NTEE code L80Z.
How many years of IRS 990 filings does Ingraham Housing Corporation Inc have?
Ingraham Housing Corporation 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 $210K in total revenue.
Is Ingraham Housing Corporation Inc financially stable?
Yes, the organization appears financially stable. While there are minor fluctuations, revenues and expenses are generally balanced, and assets have shown consistent growth, reaching over $2.1 million in 2023.
Does Ingraham Housing Corporation Inc spend efficiently?
Based on the 0% officer compensation and the nature of a housing corporation, it is likely that a significant portion of expenses directly supports program services. The consistent balance of revenue and expenses suggests efficient management of resources.
What is the trend in the organization's assets?
Assets have generally trended upwards over the past decade, from $1,587,315 in 2014 to $2,127,938 in 2023, indicating growth in its property holdings or other investments.
Filing History
IRS 990 filing history for Ingraham Housing Corporation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ingraham Housing Corporation Inc's revenue has grown by 19.4%, moving from $162K to $193K. Total assets increased by 19.1% over the same period, from $1.8M to $2.1M. Total functional expenses rose by 27.2%, from $154K to $196K. In its most recent filing year (2023), Ingraham Housing Corporation Inc reported a deficit of $3K, with expenses exceeding revenue. The organization holds $2.1M in liabilities against $2.1M in assets (debt-to-asset ratio: 96.5%), resulting in net assets of $75K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $193K | $196K | $2.1M | $2.1M | — | — |
| 2022 | $195K | $193K | $1.6M | $1.6M | — | View 990 |
| 2021 | $215K | $211K | $1.7M | $1.7M | — | View 990 |
| 2020 | $292K | $255K | $1.8M | $1.8M | — | View 990 |
| 2019 | $245K | $143K | $2.3M | $2.2M | — | View 990 |
| 2018 | $164K | $158K | $1.2M | $1.3M | — | View 990 |
| 2017 | $142K | $145K | $1.5M | $1.6M | — | View 990 |
| 2016 | $137K | $137K | $1.3M | $1.4M | — | View 990 |
| 2015 | $140K | $140K | $1.5M | $1.6M | — | View 990 |
| 2014 | $143K | $143K | $1.6M | $1.7M | — | View 990 |
| 2013 | $145K | $145K | $1.6M | $1.7M | — | View 990 |
| 2012 | $148K | $148K | $1.7M | $1.8M | — | View 990 |
| 2011 | $162K | $154K | $1.8M | $1.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $193K, expenses of $196K, and assets of $2.1M (revenue -1.2% year-over-year).
- 2022: Revenue of $195K, expenses of $193K, and assets of $1.6M (revenue -9.0% year-over-year).
- 2021: Revenue of $215K, expenses of $211K, and assets of $1.7M (revenue -26.5% year-over-year).
- 2020: Revenue of $292K, expenses of $255K, and assets of $1.8M (revenue +19.3% year-over-year).
- 2019: Revenue of $245K, expenses of $143K, and assets of $2.3M (revenue +49.3% year-over-year).
- 2018: Revenue of $164K, expenses of $158K, and assets of $1.2M (revenue +15.2% year-over-year).
- 2017: Revenue of $142K, expenses of $145K, and assets of $1.5M (revenue +4.2% year-over-year).
- 2016: Revenue of $137K, expenses of $137K, and assets of $1.3M (revenue -2.2% year-over-year).
- 2015: Revenue of $140K, expenses of $140K, and assets of $1.5M (revenue -2.3% year-over-year).
- 2014: Revenue of $143K, expenses of $143K, and assets of $1.6M (revenue -1.5% year-over-year).
- 2013: Revenue of $145K, expenses of $145K, and assets of $1.6M (revenue -1.6% year-over-year).
- 2012: Revenue of $148K, expenses of $148K, and assets of $1.7M (revenue -8.7% year-over-year).
- 2011: Revenue of $162K, expenses of $154K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ingraham Housing Corporation Inc:
Data Sources and Methodology
This transparency report for Ingraham Housing Corporation 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.