NFP500

#434 of 500 · Human Services & Advocacy

Metropolitan Boston Housing Partnership Inc

EIN 04-2775991 · MA · NTEE L20 · Form 990, fiscal 2024

A regional nonprofit formed in 1991 through the merger of the Boston Housing Partnership and Metropolitan Housing, Inc. It is the largest regional administrator of state and federal rental assistance vouchers in greater Boston, serving low- and moderate-income, elderly, disabled, and homeless residents across Boston and roughly 30 surrounding communities, and administering emergency rental assistance and homelessness-prevention programs.

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Financials, fiscal 2024

Revenue
$359.4M
Expenses
$353.4M
Total assets
$59.9M
Net assets
$20.9M
Operating margin
1.7%
1-year growth
n/a
5-year growth (CAGR)
18.9%
Reserve (years of spending)
0.7
Contributions share
3.1%
Programme spending
96.8%
Fundraising cost
1.9%
Executive pay share
0.11%
Employees
220
Revenue per employee
$1.6M
Grants paid
n/a
Years filing
41

NFP Health Score: 57 / 100

Financial 32 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

We mobilize wide-ranging resources to provide innovative and personalized services that lead families and individuals to housing stability, economic security and an improved quality of life.

Revenue history

YearRevenue
2020$180.0M
2021$271.3M
2022$464.4M
2023$369.9M
2024$359.4M