CSCharityScored
45

Homeless Solutions Inc

Other · Cedar Knolls, New Jersey

3 Wing Dr Ste 245, Cedar Knolls, NJ 07927-1018

EIN: 222491675· Founded: Jan 1986· 40 years active· Filing Year: 2023

Annual Revenue

$7.0M

Total Expenses

$6.5M

Total Assets

$24.0M

Program Spending

22%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$446K

6.9% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$2.6M

Total Payroll

$3.1M

47% of total expenses

Where the Money Goes

22%
Programs: 22%
Payroll: 47%
Other overhead: 78%
Program Revenue$1.4M (20%)
Total Expenses$6.5M (93%)
Payroll$3.1M (47%)
Overhead (non-program)78%

Trust Score Breakdown

Program Spending Ratio

22% of expenses go to programs

40%

Revenue & Stability

$7.0M annual revenue

15%

Executive Compensation

$446K total officer comp (6.9% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$24.0M 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.