L โ€” Housing & ShelterEIN: 853326225ยท Ruling Year: 2021

641 Housing Benefit Fund Inc

Union, New Jersey

B+Health Score
67B+

Financial Health Score

Provisional

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

๐Ÿ’ฐ
$758K
Total Revenue
๐Ÿ“Š
$524K
Total Expenses
๐Ÿฆ
$18.5M
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-95.8%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+30.9%
Revenue minus expenses as % of revenue

Filing History

2 filings on record
YearRevenueExpensesAssets
2023$758,224โ†“96%$523,666โ†‘1299%$18,526,009โ†‘3%
2022$18,049,502$37,424$17,915,611

Frequently Asked Questions

What does 641 Housing Benefit Fund Inc do?โ–ผ

641 Housing Benefit Fund Inc is a housing & shelter nonprofit organization based in New Jersey. It is classified under NTEE code L82 and is registered as a 501(c) tax-exempt organization with the IRS.

Is 641 Housing Benefit Fund Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, 641 Housing Benefit Fund Inc has a score of 67/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does 641 Housing Benefit Fund Inc generate?โ–ผ

641 Housing Benefit Fund Inc reports $918K in annual revenue and holds $18.9M in total assets, based on IRS filings.

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641 Housing Benefit Fund Inc โ€” Union, NJ | GiveScope