Northern Lights Housing Corp

Analysis

Northern Lights Housing Corp is a registered charity in United States, based in Littleton, NH. It received its IRS tax-exemption ruling in June 1979, 47 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Northern Lights Housing Corp reported income of $785k and spending of $699k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $829k to $785k (-5.3%), an average of -1.3% a year. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Northern Lights Housing Corp sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within NH. Charities of a similar size with the same main cause include Volunteer Residences Two Inc ($785k), Mac Arthur Park Towers ($786k) and Halls Ferry Manor Inc ($784k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $1.7m against liabilities of $1.7m, net assets of -$50k.