Neighborhood Preservation Foundation Inc

Analysis

Neighborhood Preservation Foundation Inc is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in April 1989, 37 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 September 2023, Neighborhood Preservation Foundation Inc reported income of $1.1m and spending of $900k, spending 82% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $770k to $1.1m (+43%), an average of +9.4% a year. The sharpest change came in the year to September 2021, when income rose by 41%. Over the whole period it spent 86% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Neighborhood Preservation Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within CT. Charities of a similar size with the same main cause include The Housing Development Corporation of Rock Hill ($1.1m), Roslindale Senior Non Profit Housing Inc ($1.1m) and Miami Valley In-Ovations Incorporated ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Other salaries and wages came to $56k. At year end it held assets of $3.2m against liabilities of $2.9m, net assets of $317k.