Manchester Neighborhood Housing Services Inc

Analysis

Manchester Neighborhood Housing Services Inc is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Manchester Neighborhood Housing Services Inc reported income of $3.5m and spending of $2.6m, leaving 25% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $2.6m to $3.5m (+35%), an average of +7.8% a year. The sharpest change came in the year to March 2023, when income rose by 63%. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Manchester Neighborhood Housing Services Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NH. Charities of a similar size with the same main cause include The Catalyst Foundation ($3.5m), Shelter Solano Inc ($3.5m) and Disciples Village of Tulsa ($3.5m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 64% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $293k (11% of expenses). Other salaries and wages came to $836k. At year end it held assets of $10.7m against liabilities of $1.1m, net assets of $9.6m. It reported 17 employees.