North Suffolk Group Homes Inc

Analysis

North Suffolk Group Homes Inc is a registered charity in United States, based in Chelsea, MA. It received its IRS tax-exemption ruling in January 1993, 33 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 June 2024, North Suffolk Group Homes Inc reported income of $420k and spending of $393k, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $383k to $420k (+9.8%), an average of +2.4% a year. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, North Suffolk Group Homes Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include C a R Housing Affordability Fund ($420k), Rivercrest Developement Corporation ($420k) and Care Housing Services Corporation ($420k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $2.4m against liabilities of $2.2m, net assets of $198k.