Low Income Housing Institute
Low Income Housing Institute reported $108.6 million in revenue and $79.2 million in expenses for calendar year 2024. Of every $100 it spent, $92.50 went to program services, $6.64 to management and general costs and $0.86 to fundraising. Its largest source of revenue was contributions and grants: 71.2% of the total. Government grants made up 68.0%. The highest compensation it reported for one person was $350,035 (EXECUTIVE DIRECTOR). 7 people received more than $100,000 in reportable compensation. Revenue rose 152% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $79MFor 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
Calendar year 2024 · Form 990, Part VIII · total revenue $109MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 92.5% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 6.6% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.9% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.01 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 71.2% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 68.0% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 25.5% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $350,035 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.44% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 7 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 31.0 | 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
2024 · Form 990, Part III · the three largest programs by expenseUrban rest stop - hygiene centers for the homeless providing 24,588 showers, 11,654 laundry loads, and rest room uses
Housing services - own or manage low-income and transitional housing projects totaling more than 2,891 units
Shelter program - technical assistance, management assistance, advocacy, case management, and fundraising for over 2,400 homeless people living in tents, tiny houses at 19 villages, and 5 enhanced shelters
Highest reported compensation
2024 · 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 |
|---|---|---|---|---|
| EXECUTIVE DIRECTOR Officer, 40.00 hrs/week | $338,376 | $0 | $11,659 | $350,035 |
| CHIEF FINANCIAL OFFICER Officer, 40.00 hrs/week | $202,095 | $0 | $11,659 | $213,754 |
| SENIOR DIRECTOR OF SPECIAL PROJECTS AND OPERATIONS Highest compensated employee, 40.00 hrs/week | $165,550 | $0 | $11,666 | $177,216 |
| FACILITIES DIRECTOR Highest compensated employee, 40.00 hrs/week | $161,328 | $0 | $11,666 | $172,994 |
| DIRECTOR OF HOUSING DEVELOPMENT Highest compensated employee, 40.00 hrs/week | $159,844 | $0 | $11,666 | $171,510 |
| DIRECTOR OF HOUSING MANAGEMENT (TERMINATION DATE 1 Highest compensated employee, 40.00 hrs/week | $135,714 | $0 | $11,666 | $147,380 |
| CHIEF STRATEGY OFFICER Officer, 40.00 hrs/week | $120,235 | $0 | $11,666 | $131,901 |
7 people received more than $100,000 in reportable compensation from Low Income Housing Institute (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.9M (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
2024 · 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 13No
- Document retention policy Part VI 14No
- 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 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5693
- Volunteers Part I, line 6869
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| WALSH CONSTRUCTION CO - WA Construction contractor services | $12,458,220 |
| DEACON CONSTRUCTION LLC Construction contractor services | $7,379,211 |
| UPLIFT NORTHWEST Non-profit temporary staffing services | $2,640,089 |
| RUNBERG ARCHITECTURE GROUP PLLC Architect design services | $1,329,448 |
| OPERATION SACK LUNCH Non-profit daily meal for homeless servi | $1,072,158 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
14 private foundations reported grants to Low Income Housing Institute totaling $2.2M 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 Low Income Housing Institute's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Low Income Housing Institute, you can publish a response that is linked from this page.
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Of every $100 Low Income Housing Institute spent in 2024, $92.50 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Self-Help EnterprisesVisalia, CA · revenue $108M · programs 95.8% · FY2025
- Midpen Housing CorporationFoster City, CA · revenue $109M · programs 69.1% · 2025
- Superior Living FoundationMcLean, VA · revenue $107M · programs 72.4% · 2025
- The Community BuildersBoston, MA · revenue $109M · programs 93.9% · 2024
- Corporation for Supportive HousingNew York, NY · revenue $106M · programs 81.8% · 2024
All housing & shelter charities · Largest charities in Washington
Questions people ask
How much of Low Income Housing Institute's spending goes to programs?
In calendar year 2024, Low Income Housing Institute reported that 92.5% of its $79.2 million in expenses went to program services, 6.6% to management and general and 0.9% to fundraising (Form 990, Part IX).
How much does Low Income Housing Institute pay its top executive?
The largest total compensation Low Income Housing Institute reported for one person in calendar year 2024 was $350,035, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Low Income Housing Institute get its money?
Of $108.6 million in revenue in calendar year 2024, 71.2% came from contributions and grants (including 68.0% from government grants) and 25.5% from program service revenue (Form 990, Part VIII).
Is Low Income Housing Institute a registered charity?
The IRS lists EIN 94-3155150 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
- 2024: Form 990 for calendar year 2024, object 202533159349304943 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202413209349328561 · read the filing
- 2022: Form 990 for calendar year 2022, object 202333199349311573 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243199349329159 · read the filing
- 2020: Form 990 for calendar year 2020, object 202123199349324537 · read the filing
- 2019: Form 990 for calendar year 2019, object 202033219349320298 · read the filing
All filings for EIN 94-3155150: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.