Single Room Housing Assistance Corporation
EIN: 363904296 · Chicago, IL · NTEE: L80
| Metric | Value |
|---|---|
| Total Revenue | $3.7M |
| Total Expenses | $3.6M |
| Net Assets | $3.0M |
Is Single Room Housing Assistance Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Single Room Housing Assistance Corporation
Single Room Housing Assistance Corporation (EIN: 363904296) is a nonprofit organization based in Chicago, IL, classified under NTEE code L80. The organization reported total revenue of $3.7M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Single Room Housing Assistance Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Single Room Housing Assistance Corporation is a mid-size nonprofit that has been operating for 31 years, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of 14.4%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.7M |
| Total Expenses | $3.6M |
| Surplus / Deficit | +$62K |
| Total Assets | $3.2M |
| Total Liabilities | $113K |
| Net Assets | $3.0M |
| Operating Margin | 1.7% |
| Debt-to-Asset Ratio | 3.6% |
| Months of Reserves | 10.5 months |
Financial Health Grade: A
In 2017, Single Room Housing Assistance Corporation reported a surplus of $62K with revenue exceeding expenses, holds 10.5 months of operating reserves (strong position), has a debt-to-asset ratio of 3.6% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2017), Single Room Housing Assistance Corporation's revenue has grown at a compound annual growth rate (CAGR) of 14.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +4.2% | +4.7% | +4.2% |
| 2016 | +10.0% | +8.8% | +1.2% |
| 2015 | +23.5% | +15.7% | -1.0% |
| 2014 | -1.1% | +10.8% | -1.7% |
| 2013 | +55.7% | +54.1% | +1933.6% |
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 Analysis Pending
AI enrichment for Single Room Housing Assistance Corporation 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 Single Room Housing Assistance Corporation 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $62K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.6%.
Frequently Asked Questions about Single Room Housing Assistance Corporation
Is Single Room Housing Assistance Corporation a legitimate charity?
Single Room Housing Assistance Corporation (EIN: 363904296) is a registered tax-exempt nonprofit based in Illinois. It has 7 years of IRS 990 filings on record. Total revenue: $3.7M. No red flags identified. Financial health grade: A.
How does Single Room Housing Assistance Corporation spend its money?
Single Room Housing Assistance Corporation reported $3.7M in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Single Room Housing Assistance Corporation tax-deductible?
Single Room Housing Assistance Corporation is registered as a tax-exempt nonprofit (EIN: 363904296). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Single Room Housing Assistance Corporation located?
Single Room Housing Assistance Corporation is headquartered in Chicago, Illinois and files with the IRS under EIN 363904296. It is classified under NTEE code L80.
How many years of IRS 990 filings does Single Room Housing Assistance Corporation have?
Single Room Housing Assistance Corporation has 7 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 $3.7M in total revenue.
Filing History
IRS 990 filing history for Single Room Housing Assistance Corporation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Single Room Housing Assistance Corporation's revenue has grown by 124.4%, moving from $1.6M to $3.7M. Total assets increased by 5004% over the same period, from $62K to $3.2M. Total functional expenses rose by 121.2%, from $1.6M to $3.6M. In its most recent filing year (2017), Single Room Housing Assistance Corporation reported a surplus of $62K, with revenue exceeding expenses. The organization holds $113K in liabilities against $3.2M in assets (debt-to-asset ratio: 3.6%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $3.7M | $3.6M | $3.2M | $113K | — | View 990 |
| 2016 | $3.5M | $3.4M | $3.0M | $48K | — | View 990 |
| 2015 | $3.2M | $3.2M | $3.0M | $87K | — | — |
| 2014 | $2.6M | $2.7M | $3.0M | $153K | — | View 990 |
| 2013 | $2.6M | $2.5M | $3.1M | $60K | — | View 990 |
| 2012 | $1.7M | $1.6M | $151K | $50K | — | View 990 |
| 2011 | $1.6M | $1.6M | $62K | $40K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $3.7M, expenses of $3.6M, and assets of $3.2M (revenue +4.2% year-over-year).
- 2016: Revenue of $3.5M, expenses of $3.4M, and assets of $3.0M (revenue +10.0% year-over-year).
- 2015: Revenue of $3.2M, expenses of $3.2M, and assets of $3.0M (revenue +23.5% year-over-year).
- 2014: Revenue of $2.6M, expenses of $2.7M, and assets of $3.0M (revenue -1.1% year-over-year).
- 2013: Revenue of $2.6M, expenses of $2.5M, and assets of $3.1M (revenue +55.7% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.6M, and assets of $151K (revenue +2.9% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.6M, and assets of $62K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Single Room Housing Assistance Corporation:
Data Sources and Methodology
This transparency report for Single Room Housing Assistance Corporation 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.