Home-life Services Inc
93% goes to programs Thin reserves Growing revenue
Home-life Services Inc is a 501(c)(3) organization based in Brooklyn, New York, registered in 1999, with $106,416,211 in FY2023 revenue. CharityIndex grades it B, and it directs about 93% of spending to programs.
440 89th Street 5th Fl, Brooklyn, NY, 11209 EIN 13-3899699 Since 1999
Revenue (FY2023)
$106.4M
▲ 8.2% vs prior year
Housing median: $408K
Expenses (FY2023)
$106.4M
Net assets
$928K
Employees
751
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
C+Program efficiency40% of the rating93% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Home-life Services Inc: 93% to programs earns a C+ on this criterion. See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Home-life Services Inc: 0 mo reserves · +0% margin earns a C on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Home-life Services Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Home-life Services Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To provide housing and support services for homeless families.
Contact & location
- Address
- 440 89th Street 5th Fl, Brooklyn, NY, 11209
- City
- Brooklyn
- State
- New York
- Category
- Housing & Shelter
- Subcategory
- Temporary Housing & Shelters
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $11.4M (FY2013) to $106.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $149.7MNet assets $928K
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$150.7M
Total liabilities
$149.7M
Net assets
$928K
Salaries & benefits
$34.2M
32% of expenses
Board members
5
5 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $106,416,211▲8.2% | $106,366,042▲8.0% | $928,006▲16.4% | $150,677,594▲45.1% | 990 |
| 2022 | $98,315,274▲35.3% | $98,512,078▲40.8% | $797,380▼19.8% | $103,865,854▲528% | 990 |
| 2021 | $72,680,146▲47.4% | $69,952,475▲34.0% | $994,184▲154% | $16,552,221▲45.7% | 990 |
| 2020 | $49,313,152▲7.0% | $52,195,431▲17.2% | -$1,826,969▼385% | $11,358,960▼4.7% | 990 |
| 2019 | $46,100,460▲14.4% | $44,550,534▲13.6% | $641,679▲171% | $11,919,693▲37.1% | 990 |
| 2018 | $40,306,109▲97.2% | $39,212,327▲98.2% | -$908,247▼472% | $8,691,557▲67.0% | 990 |
| 2017 | $20,436,690▲6.8% | $19,784,652▲4.3% | $243,949▲47.8% | $5,203,776▲6.2% | 990 |
| 2016 | $19,130,269▲6.0% | $18,965,950▲6.8% | $165,011▲23746% | $4,900,509▼36.8% | 990 |
| 2015 | $18,054,054▲43.6% | $17,753,121▲36.6% | $692▲100% | $7,748,623▲194% | 990 |
| 2014 | $12,568,813▲10.4% | $12,992,314▲10.7% | -$301,307▼347% | $2,639,037▲43.0% | 990 |
| 2013 | $11,385,764 | $11,735,345▼1.2% | $122,196▼74.1% | $1,845,816▼10.8% | 990 |
| 2012 | — | $11,876,876▲2.7% | $471,777▼31.2% | $2,068,472▼9.9% | 990 |
| 2011 | — | $11,560,391 | $685,290 | $2,296,299 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Debbie Ianazzi — $357,933 (0.34% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Debbie Ianazzi | Cfo | 40 | $357,933 |
| Michael Hauswirth | Employee | 40 | $209,327 |
| Susan Alter | Executive Director | 40 | $191,154 |
| Kristen Egan | Employee | 40 | $187,949 |
| Gerald Schreck | Executive Director | 40 | $181,154 |
| Sharon Murray | Employee | 40 | $166,161 |
| Rannae Langley | Employee | 40 | $159,742 |
| William Rosado | Employee | 40 | $154,517 |
| Stephanie Paolino | Employee | 40 | $143,766 |
| Shaman Shah | Employee | 40 | $131,749 |
| Shevin Browne | Employee | 40 | $106,514 |
| Luz Ramos | Employee | 40 | $105,859 |
| Gladys Cueto | Employee | 40 | $102,644 |
| Alex Guest | Chair of Governance | 1 | — |
| Charles Friedlander | Vice President | 1 | — |
| Ester Macner | Director | 1 | — |
| Harold Goldman | Chairman | 1 | — |
| Ilka Jaquez | Chair of Finance | 1 | — |
| Linda Powell | Chair of Finance | 1 | — |
| Milton Pfeifer | Treasurer | 1 | — |
Top vendors & contractors (FY2017)
| Contractor | Services | Paid |
|---|---|---|
| Whitson Food Services | Food Service | $1,076,222 |
| The G Service Group | Maintenance | $624,789 |
| Health Care Choices | Medical Service | $393,787 |
Similar organizations in Housing
Housing
Ndc Housing and Economic Development Corporation
New York, NY
$113.2M
Aannual revenue
Housing
H E L P USA Inc
New York, NY
$127.9M
Aannual revenue
Housing
Corporation For Supportive Housing
New York, NY
$106.3M
Aannual revenue
Housing
Aspire of Western New York Inc
Getzville, NY
$95.2M
Aannual revenue
Housing
Highland Park Community Development Corporation
Brooklyn, NY
$73.6M
Bannual revenue
Housing
Doe Fund Inc
New York, NY
$66.4M
Aannual revenue
Housing
Westhab Inc
Yonkers, NY
$179.1M
A+annual revenue
Housing
Active Retirement Community Inc
South Setauket, NY
$47.3M
Dannual revenue
Housing
The Center For New York City
New York, NY
$46.0M
A+annual revenue
- Housing
Midway Living Inc
Brooklyn, NY
$43.5M
Dannual revenue
Compare Home-life Services Inc
Frequently asked questions
- Is Home-life Services Inc a legitimate nonprofit?
- Yes. Home-life Services Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-3899699, based in Brooklyn, New York. Donations are tax-deductible.
- What is Home-life Services Inc's EIN?
- Home-life Services Inc's Employer Identification Number (EIN) is 13-3899699.
- How much revenue does Home-life Services Inc report?
- Home-life Services Inc reported $106,416,211 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Home-life Services Inc's spending goes to programs?
- Home-life Services Inc spends about 93% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Home-life Services Inc have?
- CharityIndex grades Home-life Services Inc B, based on program efficiency and fundraising cost.
- How much does Home-life Services Inc's highest-paid employee make?
- The highest reported compensation on Home-life Services Inc's latest Form 990 is $357,933, paid to Debbie Ianazzi (Cfo).
More nonprofits in Brooklyn
Explore more
Data for Home-life Services Inc (EIN 13-3899699) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.