Innovative Housing Institute Inc
EIN: 521977542 · Baltimore, MD · NTEE: L99
| Metric | Value |
|---|---|
| Total Revenue | $340K |
| Total Expenses | $347K |
| Net Assets | $310K |
Is Innovative Housing Institute Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Innovative Housing Institute Inc
Innovative Housing Institute Inc (EIN: 521977542) is a nonprofit organization based in Baltimore, MD, classified under NTEE code L99. The organization reported total revenue of $340K and total assets of $53K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Innovative Housing Institute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Innovative Housing Institute Inc is a small nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $340K |
| Total Expenses | $347K |
| Surplus / Deficit | $-6,941 |
| Total Assets | $342K |
| Total Liabilities | $32K |
| Net Assets | $310K |
| Operating Margin | -2.0% |
| Debt-to-Asset Ratio | 9.3% |
| Months of Reserves | 11.8 months |
Financial Health Grade: B
In 2023, Innovative Housing Institute Inc reported a deficit of $7K with expenses exceeding revenue, holds 11.8 months of operating reserves (strong position), has a debt-to-asset ratio of 9.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Innovative Housing Institute Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.3% | +4.6% | +5.5% |
| 2022 | +0.9% | +1.6% | +5.4% |
| 2021 | -7.6% | +0.0% | -30.5% |
| 2020 | +13.3% | -0.6% | +70.5% |
| 2019 | -9.4% | -5.4% | -5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Innovative Housing Institute Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Innovative Housing Institute Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.3%.
Frequently Asked Questions about Innovative Housing Institute Inc
Is Innovative Housing Institute Inc a legitimate charity?
Innovative Housing Institute Inc (EIN: 521977542) is a registered tax-exempt nonprofit based in Maryland. It has 13 years of IRS 990 filings on record. Total revenue: $340K. No red flags identified. Financial health grade: B.
How does Innovative Housing Institute Inc spend its money?
Innovative Housing Institute Inc reported $340K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Innovative Housing Institute Inc tax-deductible?
Innovative Housing Institute Inc is registered as a tax-exempt nonprofit (EIN: 521977542). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Innovative Housing Institute Inc located?
Innovative Housing Institute Inc is headquartered in Baltimore, Maryland and files with the IRS under EIN 521977542. It is classified under NTEE code L99.
How many years of IRS 990 filings does Innovative Housing Institute Inc have?
Innovative Housing Institute 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 $340K in total revenue.
Filing History
IRS 990 filing history for Innovative Housing Institute Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Innovative Housing Institute Inc's revenue has declined by 43.7%, moving from $604K to $340K. Total assets decreased by 15.5% over the same period, from $404K to $342K. Total functional expenses fell by 38.2%, from $562K to $347K. In its most recent filing year (2023), Innovative Housing Institute Inc reported a deficit of $7K, with expenses exceeding revenue. The organization holds $32K in liabilities against $342K in assets (debt-to-asset ratio: 9.3%), resulting in net assets of $310K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $340K | $347K | $342K | $32K | — | — |
| 2022 | $345K | $332K | $324K | $7K | — | View 990 |
| 2021 | $341K | $327K | $307K | $3K | — | View 990 |
| 2020 | $370K | $327K | $442K | $153K | — | — |
| 2019 | $326K | $328K | $259K | $13K | — | View 990 |
| 2018 | $360K | $347K | $275K | $27K | — | View 990 |
| 2017 | $364K | $343K | $245K | $10K | — | View 990 |
| 2016 | $422K | $396K | $244K | $30K | — | View 990 |
| 2015 | $461K | $386K | $215K | $28K | — | View 990 |
| 2014 | $575K | $553K | $177K | $64K | — | View 990 |
| 2013 | $510K | $616K | $136K | $45K | — | View 990 |
| 2012 | $557K | $654K | $307K | $27K | — | View 990 |
| 2011 | $604K | $562K | $404K | $28K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $340K, expenses of $347K, and assets of $342K (revenue -1.3% year-over-year).
- 2022: Revenue of $345K, expenses of $332K, and assets of $324K (revenue +0.9% year-over-year).
- 2021: Revenue of $341K, expenses of $327K, and assets of $307K (revenue -7.6% year-over-year).
- 2020: Revenue of $370K, expenses of $327K, and assets of $442K (revenue +13.3% year-over-year).
- 2019: Revenue of $326K, expenses of $328K, and assets of $259K (revenue -9.4% year-over-year).
- 2018: Revenue of $360K, expenses of $347K, and assets of $275K (revenue -1.2% year-over-year).
- 2017: Revenue of $364K, expenses of $343K, and assets of $245K (revenue -13.7% year-over-year).
- 2016: Revenue of $422K, expenses of $396K, and assets of $244K (revenue -8.4% year-over-year).
- 2015: Revenue of $461K, expenses of $386K, and assets of $215K (revenue -19.8% year-over-year).
- 2014: Revenue of $575K, expenses of $553K, and assets of $177K (revenue +12.8% year-over-year).
- 2013: Revenue of $510K, expenses of $616K, and assets of $136K (revenue -8.6% year-over-year).
- 2012: Revenue of $557K, expenses of $654K, and assets of $307K (revenue -7.7% year-over-year).
- 2011: Revenue of $604K, expenses of $562K, and assets of $404K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Innovative Housing Institute Inc:
Data Sources and Methodology
This transparency report for Innovative Housing Institute 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.