University Neighborhood Housing Program Inc

Analysis

University Neighborhood Housing Program Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in May 1985, 41 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 December 2023, University Neighborhood Housing Program Inc reported income of $1.2m and spending of $1.2m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $739k to $1.2m (+63%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 118% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, University Neighborhood Housing Program Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Ephrata Community Ambulance Association Inc ($1.2m), Ca Elderly Housing Inc ($1.2m) and Jefferson School African American Heritage Center ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $328k (28% of expenses). Other salaries and wages came to $549k. At year end it held assets of $5.4m against liabilities of $18k, net assets of $5.4m. It reported 9 employees.