Low Income Housing Institute
1253 S Jackson St Ste A, Seattle, WA · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $108,602,261 | $79,209,884 | $204,383,385 |
| FY2023 | $129,287,303 | $76,644,944 | $174,991,008 |
| FY2022 | $75,635,152 | $52,079,267 | $122,348,649 |
| FY2021 | $49,435,203 | $36,002,022 | $93,177,523 |
| FY2020 | $31,844,353 | $26,677,806 | $79,744,342 |
| FY2019 | $43,014,595 | $22,042,639 | $74,577,795 |
| FY2018 | $26,248,138 | $22,059,293 | $53,588,545 |
| FY2017 | $19,550,440 | $17,763,348 | $46,314,001 |
| FY2016 | $16,033,699 | $15,075,433 | $44,544,415 |
| FY2015 | $24,511,235 | $12,773,110 | $41,794,161 |
| FY2014 | $10,673,015 | $8,151,624 | $32,747,259 |
| FY2013 | $6,932,216 | $7,476,282 | $30,269,115 |
| FY2012 | $8,042,229 | $6,751,041 | $30,813,181 |
| FY2011 | $9,956,564 | $7,128,189 | $29,550,175 |
Form 990 filings
The returns filed by Low Income Housing Institute (EIN 94-3155150), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $77,345,423 | 71% |
| Program service revenue | $27,708,980 | 26% |
| Other revenue | $3,547,858 | 3% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $73,268,781 | 92% |
| Management & general | $5,258,690 | 7% |
| Fundraising | $682,413 | 1% |
What the numbers show
- Contributions & grants made up 71% of total revenue in FY2024.
- Program services accounted for 92% of functional expenses, management & general 7%, and fundraising 1%.
- 93% of functional expenses went to program services in FY2024. That is higher than 83.8% of 130 Unknown / Unclassified organizations nationwide (too few in WA for a state comparison).
- Net assets covered about 31 months of expenses at the end of the reporting year. That puts it in the 69th percentile among 197 Unknown / Unclassified organizations in WA.
- Total revenue was higher than 99% of 200 Unknown / Unclassified organizations in WA.
- Total revenue rose from $9,956,564 in FY2011 to $108,602,261 in FY2024. Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2013).
- The highest revenue on record here is $129,287,303 in FY2023.
- Net assets grew from $29,550,175 to $204,383,385 between FY2011 and FY2024.
- Contributions and grants made up 60% of revenue in FY2011 and 71% in FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
THE LOW INCOME HOUSING INSTITUTE DEVELOPS, OWNS AND OPERATES HOUSING FOR THE BENEFIT OF LOW-INCOME, HOMELESS AND FORMERLY HOMELESS PEOPLE; ADVOCATES FOR JUST HOUSING POLICIES AT THE LOCAL AND NATIONAL LEVELS; AND ADMINISTERS A RANGE OF SUPPORTIVE SERVICE PROGRAMS TO ASSIST THOSE WE SERVE IN
IRS status
| Ruling year | 1997 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | Z99Z — Unknown / Unclassified |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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