Housing & Shelter
(L410)
IRS Verified
DX Registered
990 on File
WESTHAB INC
Financial strength (30%)
61/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Westhab's mission is Building Communities. Changing Lives. Building communities by building the affordable and supportive housing that our community needs and delivering the services that enable homeless households to transition to permanent housing. Changing lives by providing wrap-around services – including job training and placement for job seekers, and comprehensive youth services – to empower the people we serve to reach their full potential.
Financial Overview — FY 2023
$151.3M
Total Revenue
$150.4M
Total Expenses
$66.9M
Net Assets
2079
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
93.0%
Fundraising Efficiency
218.4%
Operating Reserve
5.34x
Liability-to-Asset
82.3%
Revenue Diversification
94.7%
Executive Compensation
$3.3M
Compared with Peers
FY 2023
Compared with 24 similar organizations
(United States, Housing & Shelter, $100M and over 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
|
93.0% | 92.9% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
6.7% | 6.9% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.3% | 0.1% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.3 mo | 4.0 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
82.3% | 74.7% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
94.7% | 95.3% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
35.9% | 4.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
37.0% | 5.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
0.6% | 0.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $151.3M | $150.4M | $66.9M | 93.0% | 2079 |
| 2022 | $111.3M | $109.8M | $79.5M | 92.9% | 1482 |
| 2021 | $108.6M | $91.3M | N/A | — | 1203 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.