HOUSING UNLIMITED INC
Mission Statement
Housing Unlimited provides affordable, independent housing for adults in mental health recovery in Montgomery County. The organization promotes independence and recovery by providing a stable and comfortable home. With the security of knowing that their housing is secure, our tenants can focus on becoming valued and integrated members of the community. We provide shared housing - single family and three bedroom townhouses - and rent them at below-market rates to qualified individuals. Rent is computed on a sliding scale based on income and is capped to encourage employment and maintain a sense a security.Tenants are responsible for their own health, finances, interpersonal relationships, and maintaining a clean home. We encourage our tenants to succeed in their independence by providing concrete incentives such as rent credits for getting involved in the community. We also provide paid intern opportunities so that tenants can gain work experience. Many of the people that we serve come to Housing Unlimited from homeless shelters, supervised residential programs, or the homes of their aging parents. With more than 300 people on our waiting list, Housing Unlimited must continue acquiring new homes to meet the needs of adults in mental health recovery who are seeking a permanent, affordable, and independent place to live. We can’t grow fast enough to meet the increasing needs of the community. Housing Unlimited sets high housekeeping standards for tenants and works to support tenants' efforts to maintain their independent living. We also set high standards for ourselves. Staff, Board members and volunteers are all expected to abide by Housing Unlimited's Code of Ethics.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
90.7% | 86.6% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
4.6% | 10.4% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.7% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
10212.0% | 234.8% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
37.4 mo | 13.6 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
40.0% | 30.2% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
68.5% | 88.1% |
P10P90
|
Top quarter |
|
Surplus margin
Surplus as a share of revenue
|
-0.1% | 4.4% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Housing Unlimited acquires three to five new homes per year | 250 | $10,188.00 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $3.5M | $3.5M | $10.8M | 90.7% | 30 |
| 2024 | N/A | N/A | N/A | — | 22 |
| 2023 | $3.2M | $2.9M | $10.5M | 90.8% | 30 |
| 2022 | $3.0M | $2.8M | $10.2M | 88.7% | 31 |
| 2021 | $3.1M | $2.6M | N/A | — | 25 |
Donor Reviews
Write a ReviewBe the first to share your experience with this organization.