Housing Matters
Housing Matters reported $33.6 million in revenue and $19.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $81.70 went to program services, $11.23 to management and general costs and $7.07 to fundraising. Its largest source of revenue was contributions and grants: 95.0% of the total. Government grants made up 73.2%. The highest compensation it reported for one person was $232,425 (CEO). 4 people received more than $100,000 in reportable compensation. Revenue rose 450% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $19MFor context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $34MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 81.7% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 11.2% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 7.1% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.04 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 95.0% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 73.2% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 1.1% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $232,425 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.20% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 4 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 20.1 | 10.0 |
| Independent voting board members Part VI 1a–1b | 12 of 12 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseFounded in 1986, Housing Matters is a 501(c)3 nonprofit organization that partners with individuals and families in Santa Cruz County to create pathways out of their homelessness into permanent housing. We hold firmly to a vision that homelessness in Santa Cruz County should be rare, brief, and non-recurring. We are committed to providing programs based on Housing First practices. Housing First is a recovery-oriented, data-driven approach that centers on quickly moving people experiencing homelessness into independent and permanent housing and providing additional support and services as…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO Officer, 40.00 hrs/week | $208,862 | $0 | $23,563 | $232,425 |
| CHIEF INITIAT. OFF Listed in Part VII, 40.00 hrs/week | $173,857 | $0 | $14,139 | $187,996 |
| CHIEF IMPACT OFF Listed in Part VII, 40.00 hrs/week | $152,290 | $0 | $24,433 | $176,723 |
| CAO Officer, 40.00 hrs/week | $139,231 | $0 | $6,243 | $145,474 |
4 people received more than $100,000 in reportable compensation from Housing Matters (Part VII, line 2). Compensation of current officers, directors and key employees totaled $378K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b12 · 12 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5157
- Volunteers Part I, line 685
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses onlyIndividuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.
Private foundation grants it received
3 private foundations reported grants to Housing Matters totaling $97,620 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Housing Matters's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Housing Matters, you can publish a response that is linked from this page.
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Of every $100 Housing Matters spent in FY2025, $81.70 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Lancer Educational Housing CorporationRiverside, CA · revenue $34M · programs 95.7% · FY2025
- Housing and Community ServicesSan Antonio, TX · revenue $34M · programs 83.2% · 2024
- Mercy RidgeTimonium, MD · revenue $34M · programs 72.4% · FY2025
- Integrated Community SolutionsGreen Bay, WI · revenue $34M · programs 98.2% · 2024
- Housing Visions UnlimitedSyracuse, NY · revenue $34M · programs 95.6% · 2024
All housing & shelter charities · Largest charities in California
Questions people ask
How much of Housing Matters's spending goes to programs?
In the fiscal year ending June 30, 2025, Housing Matters reported that 81.7% of its $19.4 million in expenses went to program services, 11.2% to management and general and 7.1% to fundraising (Form 990, Part IX).
How much does Housing Matters pay its top executive?
The largest total compensation Housing Matters reported for one person in the fiscal year ending June 30, 2025 was $232,425, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Housing Matters get its money?
Of $33.6 million in revenue in the fiscal year ending June 30, 2025, 95.0% came from contributions and grants (including 73.2% from government grants) and 1.1% from program service revenue (Form 990, Part VIII).
Is Housing Matters a registered charity?
The IRS lists EIN 77-0126783 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611359349310836 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531339349303288 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431319349304813 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321359349304697 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202200899349300530 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141319349302204 · read the filing
All filings for EIN 77-0126783: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.