West Side Neighborhood Housing Service Inc

Analysis

West Side Neighborhood Housing Service Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in March 1983, 43 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, West Side Neighborhood Housing Service Inc reported income of $2.9m and spending of $3.1m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.9m (+146%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 108% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, West Side Neighborhood Housing Service Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Great Lakes Christian Homes Nonprofit Housing Corporation ($2.9m), Ahc Inc ($2.9m) and Guste Homes Resident Management Corporation ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 14% of the total. Other salaries and wages came to $453k. At year end it held assets of $5.8m against liabilities of $744k, net assets of $5.1m. It reported 13 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.