Housing & Shelter
(L30Z)
IRS Verified
DX Registered
990 on File
HOMESHARING PROGRAM OF SOMERSET COUNTY INC
Financial strength (30%)
73/100
Reliability (20%)
55/100
Effectiveness (25%)
83/100
Impact (25%)
70/100
CharityAI™ Score
Not yet evaluated
Mission Statement
HomeSharing’s mission is to create affordable housing solutions by matching those seeking housing with those who need additional income or services to maintain their homes, while fostering independence and dignity.
Financial Overview — FY 2025
$442K
Total Revenue
$369K
Total Expenses
$292K
Net Assets
5
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
71.1%
Fundraising Efficiency
161.2%
Operating Reserve
9.51x
Liability-to-Asset
21.5%
Revenue Diversification
78.2%
Executive Compensation
$103K
Compared with Peers
FY 2025
Compared with 2,936 similar organizations
(United States, Housing & Shelter, $100K–$1M 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
|
71.1% | 87.3% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
17.7% | 11.8% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
11.2% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
161.2% | 24.3% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
9.5 mo | 13.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
21.5% | 21.9% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
78.2% | 90.8% |
P10P90
|
Above median |
|
Surplus margin
Surplus as a share of revenue
|
16.7% | -6.0% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| People receiving housing supports | 5,800 | $75.00 | — | Per Day |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $442K | $369K | $292K | 71.1% | 5 |
| 2024 | N/A | N/A | N/A | — | — |
| 2023 | $282K | $309K | $273K | 66.9% | 3 |
| 2022 | $250K | $240K | $300K | 68.1% | 3 |
| 2021 | $262K | $239K | N/A | — | 3 |
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