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Housing & Shelter (L41) IRS Verified DX Registered 990 on File

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EIN: 20-1917517 · ALBUQUERQUE, NM 87125-7636 · United States · FY 2023 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 89/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$14.8M
Total Revenue
$12.2M
Total Expenses
$7.1M
Net Assets
154
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 86.2%
Fundraising Efficiency N/A
Operating Reserve 6.96x
Liability-to-Asset 10.2%
Revenue Diversification 84.8%
Executive Compensation $257K
Compared with Peers
FY 2023
Compared with 663 similar organizations (United States, Housing & Shelter, $10M–$100M 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
86.2% 87.0%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
11.0% 10.8%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
2.8% 0.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
7.0 mo 5.2 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
10.2% 66.9%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
84.8% 92.3%
P10P90
Above median
Revenue growth
Year over year revenue growth
48.5% 8.4%
P10P90
Expense growth
Year over year expense growth
44.0% 9.3%
P10P90
Surplus margin
Surplus as a share of revenue
17.8% 0.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $14.8M $12.2M $7.1M 86.2% 154
2022 $10.0M $8.4M $4.6M 85.4% 297
2021 $7.7M $7.6M N/A 249
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Organization Details
EIN
20-1917517
State
NM
City
ALBUQUERQUE
ZIP
87125-7636
Classification
L41
Category
Housing & Shelter
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2011
Foundation Code
15
Form 990
On File
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