Housing Works Health Services III Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
HOUSING WORKS HEALTH SERVICES III IS A FEDERALLY QUALIFIED HEALTH CARE CENTER (FQHC) PROVIDING A BROAD RANGE OF HEALTH SERVICES TO PERSONS LIVING WITH AIDS, HIV-RELATED ILLNESSES AND CHRONIC DISEASES.IN ADDITION, HOUSING WORKS HEALTH SERVICES III PROMOTES AND CARRIES ON CERTAIN SCIENTIFIC RESEARCH AND EDUCATIONAL ACTIVITIES RELATED TO PROVIDING CARE TO THE SICK, INJURED AND DISABLED AND PROMOTING THE HEALTH OF THE PUBLIC.
- Income
- $29.9 million
- Spending
- $21.1 million
- Spent on programs
- 95%
- Reserves
- 34.4 months of spending
- Largest source of income
- fees for its services, 59%
- Employees
- 313
- Volunteers
- 18
- Highest pay
- $566,893, member ex officio/ceo
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 91 out of 100. Higher than 83% of charities in its peer group (diseases, $10m to $100m).
Reserves
35 of 35Spendable reserves would cover 34.4 months of spending.
Debt
16 of 20It owes 16% of what it owns.
Living within its means
15 of 15Income exceeded spending by 29% of income.
Income trend
10 of 15Income fell 5% on the year before.
Spending floor
15 of 1595% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100. Higher than 27% of charities in its peer group (diseases, $10m to $100m).
Independent board
25 of 2513 of 15 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $20.1 million spent. HOUSING WORKS HEALTH SERVICES III OPERATES A FACILITY THAT PROVIDES A BROAD RANGE OF HEALTH SERVICES TO PERSONS LIVING WITH AIDS OR HIV-RELATED ILLNESSES. THE FACILITY IS LOCATED AT 2626 PITKIN AVENUE, BROOKLYN, NEW YORK. IN ADDITION TO PROVIDING A WEALTH OF HEALTHCARE SERVICES, HOUSING WORKS HEALTH SERVICES III PROMOTES AND CARRIES ON CERTAIN RESEARCH AND EDUCATIONAL ACTIVITIES RELATED TO PROVIDING CARE TO THE SICK, INJURED AND DISABLED. HOUSING WORKS HEALTH SERVICES III ("HWS3") PARTICIPATES IN THE UNITED STATES FEDERAL PROGRAM REQUIRING DRUG MANUFACTURERS TO PROVIDE OUTPATIENT DRUGS TO ELIGIBLE HEALTH CARE ORGANIZATIONS AT SIGNIFICANTLY REDUCED PRICES. THE INTENT OF THE PROGRAM IS TO ALLOW ENTITIES TO STRETCH FEDERAL RESOURCES, REACHING MORE ELIGIBLE PATIENTS AND PROVIDING MORE COMPREHENSIVE SERVICES TO THEM. HWS3 HAS CONTRACTED WITH COMMUNITY PHARMACIES TO ADMINISTER THESE SERVICES TO THEIR PATIENTS FOR A FEE. THESE CONTRACTS AUTHORIZE THE PHARMACY TO BILL MEDICAID, MEDICARE AND THIRD-PARTY INSURANCE REMITTING THE COLLECTED FUNDS LESS THEIR FEES TO HWS3. THE PHARMACY FEES COVER THE COST OF DRUGS AND ADMINISTRATIVE FEES, AND ALLOW THE PHARMACY TO PURCHASE DIRECTLY FROM THE DRUG WHOLESALERS THE DRUGS WHICH REPLENISH THEIR STOCK.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 1995.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.