Housing Assistance Council
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It reported loans to or from officers, directors or other insiders.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
THE EXEMPT PURPOSE IS TO IMPROVE HOUSING CONDITIONS FOR THE RURAL POOR, WITH EMPHASIS ON THE POOREST OF THE POOR IN THE MOST RURAL PLACES. HOUSING ASSISTANCE COUNCIL (HAC) PROVIDES BELOW-MARKET FINANCING FOR AFFORDABLE HOUSING AND COMMUNITY DEVELOPMENT, TECHNICAL ASSISTANCE AND TRAINING, RESEARCH AND INFORMATION, AND POLICY FORMULATION TO ENABLE SOLUTIONS FOR RURAL COMMUNITIES.
- Income
- $12.1 million
- Spending
- $14.7 million
- Spent on programs
- 82%
- Reserves
- 13.1 months of spending
- Largest source of income
- government grants, 50%
- Employees
- 61
- Volunteers
- 21
- Highest pay
- $410,247, president & ceo
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 60 out of 100. Higher than 56% of charities in its peer group (housing, $10m to $100m).
Reserves
35 of 35Spendable reserves would cover 13.1 months of spending.
Debt
10 of 20It owes 48% of what it owns.
Living within its means
0 of 15Spending exceeded income by 22% of income.
Income trend
0 of 15Income fell 26% on the year before.
Spending floor
15 of 1582% of spending went to programs and raising each dollar of donations cost 4 cents.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 90 out of 100. Higher than 23% of charities in its peer group (housing, $10m to $100m).
Independent board
25 of 2518 of 18 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
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
0 of 10Reports at least one of: diversion of assets, excess benefits, loans to insiders.
Source: Form 990 for the year ending September 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 (4)
- $5.0 million spent. LENDING PROGRAM - FINANCES AFFORDABLE HOUSING PROJECTS THAT SERVE LOW-INCOME, RURAL RESIDENTS AND ADMINISTERS SEVERAL REVOLVING LOAN FUNDS TO PROMOTE AFFORDABLE HOUSING.
- $4.5 million spent. KNOWLEDGE SHARING- PROVIDES TRAINING AND TECHNICAL ASSISTANCE ON RURAL HOUSING ISSUES TO VARIOUS COMMUNITY GROUPS THROUGHOUT THE U.S. THIS IS DONE THROUGH FORMAL TRAININGS, ONE-ON-ONE TECHNICAL ASSISTANCE AND CONNECTING LOCAL ORGANIZATIONS TO RESOURCES WHICH CAN BUILD THEIR CAPACITY AND STRENGTHEN THEIR COMMUNITY.
- $1.2 million spent. RESEARCH AND INFORMATION - CONDUCTS RESEARCH AND STUDIES AND REPORTS ON A WIDE RANGE OF TOPICS RELATED TO RURAL HOUSING RELATED TO THE HOUSING CONDITIONS OF THE RURAL POOR TO HELP INFORM SOUND HOUSING POLICIES AND STRATEGIES.
- $1.2 million spent. POLICY - RESPONDS AS AN INDEPENDENT AND NON-PARTISAN ORGANIZATION TO CONGRESSIONAL COMMITTEES, MEMBER OFFICES, FEDERAL AGENCIES, AND POLICY ADVOCACY COALITION WITH THE RESEARCH AND INFORMATION NEEDED TO MAKE INFORMED POLICY DESCISION. THROUGH OUR RESEARCH WORK, RURAL DATA PORTAL, AND VETERANS DATA CENTRAL ALL PROVIDE VALUABLE, EDUCATIONAL CONTEXT TO FRAME THE RURAL POLICY CONVERSATION.
Source: Form 990 for the year ending September 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 October 13, 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 September 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 April 1974.
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 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.