Charity Search / HOUSING OPTIONS FOR THE MENTALLY ILL IN EVANSTON INC
Mental Health & Crisis Intervention (F34Z) IRS Verified DX Registered 990 on File

HOUSING OPTIONS FOR THE MENTALLY ILL IN EVANSTON INC

EIN: 36-3611260 · EVANSTON, IL 60202-3439 · United States · FY 2025 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 92/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Mission Statement

Our mission is to: • Develop housing opportunities for adults recovering from chronic mental illnesses • Provide a network of support services so that each person can live as independently as possible • Advance understanding of mental illnesses and the need for supportive housing. In fulfilling that mission, we base our work on a strong set of core beliefs: • We believe that individuals can recover from mental illness and homelessness and live to their full individual potential. • We believe that every individual has the right to safe and secure housing. • We believe that every individual should have the opportunity to enjoy and participate fully in their community. • We believe that every individual has the right and responsibility to make their own life choices.

Financial Overview — FY 2025
$7.6M
Total Revenue
$6.9M
Total Expenses
$12.8M
Net Assets
84
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 81.6%
Fundraising Efficiency N/A
Operating Reserve 22.33x
Liability-to-Asset 24.3%
Revenue Diversification 50.5%
Executive Compensation $199K
Compared with Peers
FY 2025
Compared with 851 similar organizations (United States, Mental Health & Crisis Intervention, $1M–$10M in expenses), FY 2025.
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
81.6% 84.5%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
14.3% 13.2%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
4.1% 0.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
22.3 mo 7.0 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
24.3% 19.6%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
50.5% 91.1%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
5.3% 5.1%
P10P90
Expense growth
Year over year expense growth
18.1% 7.1%
P10P90
Surplus margin
Surplus as a share of revenue
9.4% 2.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $7.6M $6.9M $12.8M 81.6% 84
2024 $7.2M $5.8M $12.0M 78.8% 71
2023 $8.5M $4.5M $10.6M 79.2% 46
2022 $4.7M $3.5M $6.5M 78.5% 38
2021 $3.2M $2.9M N/A — 34
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Organization Details
EIN
36-3611260
State
IL
City
EVANSTON
ZIP
60202-3439
Classification
F34Z
Category
Mental Health & Crisis Intervention
Rating
3★
Coverage
A
Last Updated
Aug 2026
Foundation Code
15
Form 990
On File
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