Neighborhood Housing Services of South Buffalo Inc

Analysis

Neighborhood Housing Services of South Buffalo Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in February 1983, 43 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 August 2023, Neighborhood Housing Services of South Buffalo Inc reported income of $1.1m and spending of $1.1m, spending 100% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.8m to $1.1m (-38%), an average of -11% a year. The sharpest change came in the year to August 2020, when income dropped by 36%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Neighborhood Housing Services of South Buffalo Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Brown County Senior Citizens Council ($1.1m), Prevent Child Abuse Iowa ($1.1m) and Loudoun County Volunteer Rescue Squad Inc ($1.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $60k (5.3% of expenses). Other salaries and wages came to $395k. At year end it held assets of $1.3m against liabilities of $766k, net assets of $495k. It reported 12 employees.