North Suffolk Community Housing Corp

Analysis

North Suffolk Community Housing Corp is a registered charity in United States, based in Chelsea, MA. It received its IRS tax-exemption ruling in August 1985, 41 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 June 2024, North Suffolk Community Housing Corp reported income of $226k and spending of $232k, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $199k to $226k (+13%), an average of +3.2% a year. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Suffolk Community Housing Corp 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 56th percentile, and in the 59th percentile within MA. Charities of a similar size with the same main cause include Kinderhaus Montessori School Inc ($226k), Ben W Murch Home and School Association Inc ($226k) and The South Carolina Inn at Montreat ($226k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $428k against liabilities of $759k, net assets of -$330k.