Multi-ethnic East Housing is a 501(c)(3) organization based in Salt Lake Cty, Utah, registered in 1986, with $792,703 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$793K
▲ 5.1% vs prior year
Housing median: $408K
Expenses (FY2024)
$781K
Net assets
-$59K
Employees
—
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. Not scored for Multi-ethnic East Housing— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Multi-ethnic East Housing: 0 mo reserves · +1% margin earns a D on this criterion. See the exact thresholds →
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. Not scored for Multi-ethnic East Housing— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Multi-ethnic East Housing: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $628K (FY2013) to $793K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
1.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.6M
Total liabilities
$2.6M
Net assets
-$59K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $792,703▲5.1% | $781,042▲7.1% | -$58,533▲16.6% | $2,565,785▼0.8% | 990 |
| 2023 | $754,029▲3.9% | $729,129▲8.0% | -$70,194▲26.2% | $2,586,995▼3.1% | 990 |
| 2022 | $725,938▲2.3% | $674,863▲10.4% | -$95,094▲34.9% | $2,670,259▼2.9% | 990 |
| 2021 | $709,323▲1.3% | $611,140▼0.2% | -$146,169▲40.2% | $2,751,383▲4.5% | 990 |
| 2020 | $700,210▲2.0% | $612,326▼3.1% | -$244,352▲26.5% | $2,632,913▼0.1% | 990 |
| 2019 | $686,660▲1.7% | $631,915▲0.7% | -$332,236▲14.1% | $2,634,948▼0.2% | 990 |
| 2018 | $674,969▲1.9% | $627,829▼7.9% | -$386,981▲10.9% | $2,639,146▲1.6% | 990 |
| 2017 | $662,490▲5.2% | $681,515▲9.7% | -$434,121▼4.6% | $2,596,364▼3.0% | 990 |
| 2016 | $629,576▼2.0% | $621,305▲0.1% | -$415,096▲2.0% | $2,675,727▼8.7% | 990 |
| 2015 | $642,420▲1.5% | $620,519▲6.7% | -$423,394▲4.9% | $2,929,829▼1.8% | 990 |
| 2014 | $632,871▲0.8% | $581,610▼6.2% | -$445,295▲10.3% | $2,983,918 | 990 |
| 2013 | $627,791 | $619,759▲16.1% | -$496,556▲1.6% | $2,982,927▼3.5% | 990 |
| 2012 | — | $533,902▼10.2% | -$504,588▲30.8% | $3,092,520▲9.2% | 990 |
| 2011 | — | $594,827▲2.5% | -$728,742▲0.9% | $2,832,043▲61.4% | 990 |
| 2009 | — | $580,516 | -$735,107 | $1,755,123 | 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.
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Data for Multi-ethnic East Housing (EIN 74-2383052) 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.