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Housing & Shelter (L22Z) 990 on File

OPEN COMMUNITIES

EIN: 36-2934709 · EVANSTON, IL 60201-5903 · United States · FY 2024 Data
3 out of 5 52 / 100 Based on 2+ years of filings
Financial strength (30%) 69/100
Reliability (20%) 55/100
Effectiveness (25%) 81/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$1.1M
Total Revenue
$1.3M
Total Expenses
$1.1M
Net Assets
17
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 79.1%
Fundraising Efficiency 2759.9%
Operating Reserve 10.05x
Liability-to-Asset 26.5%
Revenue Diversification 86.5%
Executive Compensation $130K
Compared with Peers
FY 2024
Compared with 2,572 similar organizations (United States, Housing & Shelter, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
79.1% 87.2%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
11.4% 10.3%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
9.5% 0.0%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
2759.9% 236.3%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
10.1 mo 12.6 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
26.5% 39.0%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
86.5% 89.9%
P10P90
Above median
Revenue growth
Year over year revenue growth
-8.8% 6.4%
P10P90
Expense growth
Year over year expense growth
9.4% 6.9%
P10P90
Surplus margin
Surplus as a share of revenue
-19.6% 3.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $1.1M $1.3M $1.1M 79.1% 17
2023 $1.2M $1.2M $1.3M 82.7% 30
2022 $2.1M $1.1M $1.3M 69.9% 21
2021 $990K $806K N/A 12
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Organization Details
EIN
36-2934709
State
IL
City
EVANSTON
ZIP
60201-5903
Classification
L22Z
Category
Housing & Shelter
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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