North Star Housing Inc

Analysis

North Star Housing Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1996, 30 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 June 2023, North Star Housing Inc reported income of $448k and spending of $303k, leaving 32% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $447k to $448k (+0.0%), an average of +0.0% a year. Over the whole period it spent 75% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, North Star Housing Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Love Thy Neighbor Community Development and Opportunity Corp ($447k), San Antonio Fair Housing Council Inc ($448k) and Lucian Manor Affordable Housing Inc ($447k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $4.3m against liabilities of $2.8m, net assets of $1.5m.