Low Income Housing Institute
EIN: 943155150 · Seattle, WA · NTEE: Z99Z
| Metric | Value |
|---|---|
| Total Revenue | $108.6M |
| Total Expenses | $76.6M |
| Net Assets | $175.0M |
Is Low Income Housing Institute Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Low Income Housing Institute
Low Income Housing Institute (EIN: 943155150) is a nonprofit organization based in Seattle, WA, classified under NTEE code Z99Z. The organization reported total revenue of $108.6M and total assets of $490.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Low Income Housing Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Low Income Housing Institute is a major nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 23.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $129.3M |
| Total Expenses | $76.6M |
| Surplus / Deficit | +$52.6M |
| Total Assets | $411.0M |
| Total Liabilities | $236.0M |
| Net Assets | $175.0M |
| Operating Margin | 40.7% |
| Debt-to-Asset Ratio | 57.4% |
| Months of Reserves | 64.3 months |
Financial Health Grade: A
In 2023, Low Income Housing Institute reported a surplus of $52.6M with revenue exceeding expenses, holds 64.3 months of operating reserves (strong position), has a debt-to-asset ratio of 57.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Low Income Housing Institute's revenue has grown at a compound annual growth rate (CAGR) of 23.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +70.9% | +47.2% | +17.6% |
| 2022 | +53.0% | +44.7% | +37.6% |
| 2021 | +55.2% | +35.0% | +57.6% |
| 2020 | -26.0% | +21.0% | +6.7% |
| 2019 | +63.9% | -0.1% | +17.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Low Income Housing Institute 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 Low Income Housing Institute 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 surplus of $52.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 57.4%.
Frequently Asked Questions about Low Income Housing Institute
Is Low Income Housing Institute a legitimate charity?
Based on AI analysis of IRS 990 filings, Low Income Housing Institute (EIN: 943155150) insufficient data. 0 red flags identified, 0 strengths noted.
How does Low Income Housing Institute spend its money?
Detailed spending breakdown data is not yet available for Low Income Housing Institute. Check back for updated IRS 990 analysis.
Are donations to Low Income Housing Institute tax-deductible?
Low Income Housing Institute is registered as a tax-exempt nonprofit (EIN: 943155150). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Low Income Housing Institute located?
Low Income Housing Institute is headquartered in Seattle, Washington and files with the IRS under EIN 943155150. It is classified under NTEE code Z99Z.
How many years of IRS 990 filings does Low Income Housing Institute have?
Low Income Housing Institute 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 $108.6M in total revenue.
Filing History
IRS 990 filing history for Low Income Housing Institute showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Low Income Housing Institute's revenue has grown by 1198.5%, moving from $10.0M to $129.3M. Total assets increased by 712.7% over the same period, from $50.6M to $411.0M. Total functional expenses rose by 975.2%, from $7.1M to $76.6M. In its most recent filing year (2023), Low Income Housing Institute reported a surplus of $52.6M, with revenue exceeding expenses. The organization holds $236.0M in liabilities against $411.0M in assets (debt-to-asset ratio: 57.4%), resulting in net assets of $175.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $129.3M | $76.6M | $411.0M | $236.0M | — | — |
| 2022 | $75.6M | $52.1M | $349.4M | $227.1M | — | View 990 |
| 2021 | $49.4M | $36.0M | $253.9M | $160.7M | — | View 990 |
| 2020 | $31.8M | $26.7M | $161.1M | $81.4M | — | — |
| 2019 | $43.0M | $22.0M | $151.1M | $76.5M | — | View 990 |
| 2018 | $26.2M | $22.1M | $128.6M | $75.0M | — | View 990 |
| 2017 | $19.6M | $17.8M | $96.2M | $49.9M | — | View 990 |
| 2016 | $16.0M | $15.1M | $94.3M | $49.8M | — | View 990 |
| 2015 | $24.5M | $12.8M | $81.7M | $39.9M | — | View 990 |
| 2014 | $10.7M | $8.2M | $58.1M | $25.3M | — | View 990 |
| 2013 | $6.9M | $7.5M | $52.0M | $21.7M | — | View 990 |
| 2012 | $8.0M | $6.8M | $52.2M | $21.4M | — | View 990 |
| 2011 | $10.0M | $7.1M | $50.6M | $21.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $129.3M, expenses of $76.6M, and assets of $411.0M (revenue +70.9% year-over-year).
- 2022: Revenue of $75.6M, expenses of $52.1M, and assets of $349.4M (revenue +53.0% year-over-year).
- 2021: Revenue of $49.4M, expenses of $36.0M, and assets of $253.9M (revenue +55.2% year-over-year).
- 2020: Revenue of $31.8M, expenses of $26.7M, and assets of $161.1M (revenue -26.0% year-over-year).
- 2019: Revenue of $43.0M, expenses of $22.0M, and assets of $151.1M (revenue +63.9% year-over-year).
- 2018: Revenue of $26.2M, expenses of $22.1M, and assets of $128.6M (revenue +34.3% year-over-year).
- 2017: Revenue of $19.6M, expenses of $17.8M, and assets of $96.2M (revenue +21.9% year-over-year).
- 2016: Revenue of $16.0M, expenses of $15.1M, and assets of $94.3M (revenue -34.6% year-over-year).
- 2015: Revenue of $24.5M, expenses of $12.8M, and assets of $81.7M (revenue +129.7% year-over-year).
- 2014: Revenue of $10.7M, expenses of $8.2M, and assets of $58.1M (revenue +54.0% year-over-year).
- 2013: Revenue of $6.9M, expenses of $7.5M, and assets of $52.0M (revenue -13.8% year-over-year).
- 2012: Revenue of $8.0M, expenses of $6.8M, and assets of $52.2M (revenue -19.2% year-over-year).
- 2011: Revenue of $10.0M, expenses of $7.1M, and assets of $50.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Low Income Housing Institute:
Data Sources and Methodology
This transparency report for Low Income Housing Institute 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.