CSCharityScored
66

Hip Housing Development Corporation

Human Services · San Mateo, California

111 E 5Th Ave, San Mateo, CA 94401-4108

EIN: 943159161· Founded: Jul 1992· 34 years active· Filing Year: 2023

Annual Revenue

$3.3M

Total Expenses

$4.7M

Total Assets

$29.6M

Program Spending

49%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$76K

1.6% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$246K

Total Payroll

$322K

7% of total expenses

Where the Money Goes

49%
Programs: 49%
Payroll: 7%
Other overhead: 51%
Program Revenue$2.3M (70%)
Total Expenses$4.7M (100%)
Payroll$322K (7%)
Overhead (non-program)51%

Trust Score Breakdown

Program Spending Ratio

49% of expenses go to programs

40%

Revenue & Stability

$3.3M annual revenue

15%

Executive Compensation

$76K total officer comp (1.6% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$29.6M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.