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New York BBB Wise Giving Report for
Housing Works

A BBB Accredited charity

 



Expiration Date:
04/2016
Name:
Housing Works
Address:
57 Willoughby Street
2nd Floor
Brooklyn, NY 11201
Phone:
347-473-7403
Year, State Incorporated:
1990, New York
Affiliates:
None
Stated Purpose:
" Ensures that adequate housing, food, social services, harm reduction and other drug treatment services, medical and mental health care, and employment opportunities are available to homeless persons living with AIDS and HIV and to their families as they define them. "





Evaluation Conclusions
 

              
Housing Works meets the 20 Standards for Charity Accountability.




Programs
 

              
Housing Works provides people living with HIV and AIDS tools to lead healthy and rewarding lives. Since opening its doors, Housing Works has housed and provided services to over 20,000 HIV positive individuals and has attracted national recognition for developing innovative, client-centered models of housing and services for hard to reach populations.



Governance
 

              
Chief Executive Officer:
Mr. Charles King, Executive Director
Compensation*:
$279,417
Chair of the Board:
Mr. Earl Ward, Esq.
Chair's Profession / Business Affiliation:
Partner / Emery Celli Brinckerhoff & Abady LLP
Board Size:
16
Paid Staff Size:
549



*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.




Fund Raising
 

              
Method(s) Used:


Direct mail appeals, telephone appeals, invitations to fund raising events, grant proposals, internet
Fund raising costs were 2.8% of related contributions. (Related contributions, which totaled $21,057,669, are donations received as a result of fund raising activities.)




Tax Status
 

              
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.




Financial
 

              
The following information is based on Housing Works' Consolidated Audited Financial Statements for the fiscal year ended June 30, 2012.

Source of Funds  

In-kind contributions

$18,017,067

Medicaid Revenue

17,357,981

Thrift shops sales

15,081,761

Grants and contract services

9,668,657

Contributions

3,040,602

Bookstore Sales

2,437,928

Food services

1,264,430

Rental income on apartments

806,359

Other revenue

672,558

Total Income

$68,347,343

Program Expenses  

Thrift Shops

$28,648,292

Health and Service Programs

16,754,113

Housing Programs

5,232,577

Bookstore

4,386,368

Food Services

2,268,179

Advocacy, Legal and Advisory Services

1,791,406

Property and Facility Management

1,762,852

Research

72,703
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Income in Excess of Expenses

60,916,490
592,918
5,411,065

$66,920,473

$1,426,870




Uses of Funds as a % of Total Expenses


Programs: 91%  Fund Raising: 1%  Administrative 8% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $19,033,643
57,903
Ending net assets 20,518,416
Total liabilities 21,024,367

Total assets

$41,542,783






 

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This report is not to be used for fundraising or promotional purposes and may not be reproduced or distributed in whole or in part.