National Housing Corporation

Analysis

National Housing Corporation is a registered charity in United States, based in San Marcos, CA. It received its IRS tax-exemption ruling in June 2006, 20 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 December 2023, National Housing Corporation reported income of $337k and spending of $374k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $337k to $337k (+0.1%), an average of +0.0% a year. Over the whole period it spent 87% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, National Housing Corporation sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Wynnfield Overbrook Revitalization Corporation ($337k), Quest Village III of Georgia Inc ($337k) and Holy Creek Non-Profit Housing Corporation ($337k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. Compensation of current officers, directors and key employees was $119k (32% of expenses). Other salaries and wages came to $31k. At year end it held assets of $1.7m against liabilities of $594k, net assets of $1.1m. It reported 3 employees.