Housing & Shelter
(L20)
IRS Verified
DX Registered
990 on File
FAMILY HOUSING RESOURCES INC
Financial strength (30%)
63/100
Reliability (20%)
55/100
Effectiveness (25%)
83/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The mission of Family Housing Resources (FHR) is to assist low- to moderate-income families and individuals with acquiring decent, affordable housing. We serve that mission through two principal divisions: the Homeownership Division, upon which this application is centered, and the Multifamily Residential Services Division.
Financial Overview — FY 2023
$1.9M
Total Revenue
$2.1M
Total Expenses
$7.4M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
95.5%
Fundraising Efficiency
N/A
Operating Reserve
42.77x
Liability-to-Asset
26.9%
Revenue Diversification
68.4%
Executive Compensation
$144K
Compared with Peers
FY 2023
Compared with 3,477 similar organizations
(United States, Housing & Shelter, $1M–$10M in expenses), FY 2023.
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
|
95.5% | 86.9% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
4.5% | 10.8% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
42.8 mo | 12.7 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
26.9% | 40.3% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
68.4% | 90.4% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-6.9% | 5.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
4.7% | 7.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-9.5% | 1.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $1.9M | $2.1M | $7.4M | 95.5% | 0 |
| 2022 | $2.0M | $2.0M | $7.6M | 95.5% | 19 |
| 2021 | $7.1M | $2.8M | N/A | — | 20 |
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