Black Rock-Riverside Neighborhood Housing Services Inc

Analysis

Black Rock-Riverside Neighborhood Housing Services Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in April 1982, 44 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 (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, Black Rock-Riverside Neighborhood Housing Services Inc reported income of $113k and spending of $148k, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $249k to $113k (-55%), an average of -18% a year. The sharpest change came in the year to December 2021, when income dropped by 65%. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Black Rock-Riverside Neighborhood Housing Services Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Williams Street Apartments Inc ($113k), Lassen Manor IV ($113k) and Crown Housing Corporation ($113k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $56k. At year end it held assets of $320k against liabilities of $36k, net assets of $284k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.