Association for Neighborhood & Housing Development Inc

Analysis

Association for Neighborhood & Housing Development Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1974, 52 years ago. 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 June 2023, Association for Neighborhood & Housing Development Inc reported income of $4.3m and spending of $3.1m, leaving 30% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.8m to $4.3m (+57%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Association for Neighborhood & Housing Development Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Better Government Association Inc ($4.3m), William Wendt Center for Loss and H Ealing ($4.3m) and Alcohol & Drug Abuse Council for the Concho Valley ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 11% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $4.4m against liabilities of $219k, net assets of $4.2m. It reported 35 employees.