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Passes our checks

Housing Foundation of America Inc

EIN 20-3852230 · Pembroke Pines, FL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood70 out of 100GovernanceGood71 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

Housing Foundation of America, Inc HFA is a Florida corporation organized in October 2005. HFA operates as a Not-For-Profit Organization pursuant to Chapter 718 of the Florida Statues. HFA is committed to create better communities and changing lives through providing assistance to qualified home buyers and first time home buyers

Income
$1.1 million
Spending
$1.0 million
Spent on programs
81%
Reserves
3 months of spending
Largest source of income
donations and private grants, 97%
Employees
8

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 70 out of 100. Higher than 45% of charities in its peer group (human services, $1m to $10m).

  • Reserves

    20 of 35

    Spendable reserves would cover 3.0 months of spending.

  • Debt

    5 of 20

    It owes 60% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 6% of income.

  • Income trend

    15 of 15

    Income rose 4% on the year before.

  • Spending floor

    15 of 15

    81% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 71 out of 100. Higher than 23% of charities in its peer group (human services, $1m to $10m).

  • Independent board

    5 of 25

    2 of 5 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 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 (2)
  1. WORKSHOPS, these workshops are basically counseling done on the road. They are held in the tri-counties of Maimi- Dade, Broward and Palm Beach of Florida. Housing Foundation of America, Inc. is now in North Carolina, offering the same, much needed assistance.These workshops last for 8 hours on the day of the event. Targets of these workshops are first time home buyers, foreclosure prevention, affordable home loan program, pre-purchase counseling and financial literacy
  2. $817,675 spent. NEIGHBORHOOD STABILIZATION PROGRAMS, these are programs that are in communities across the tri-counties, however they may not be well known to residents of those communities. Housing Foundation of America helps in educating the residents about these programs and their benefits. These programs includes Broward NSP, BAND Broward Alliance Neighborhood Develpoment, HAP Home-Ownership Assistance Program and Florida Housing BOND Program. Another area in which HFA assist in the Neighborhood Stabilization Program is the precurement of depressed residential buildings/houses. Once aquired, these building will be repaired and ownership would be transferred to qualified persons

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. 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.

  2. Has the IRS revoked its tax-exempt status? Worth knowing.

    Status was revoked on May 15, 2011 for not filing returns for three years, and reinstated on May 15, 2011.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. 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.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since January 2014.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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 October 21, 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.