Neighborhood Housing Services of Greater Berks Inc

Analysis

Neighborhood Housing Services of Greater Berks Inc is a registered charity in United States, based in Reading, PA. It received its IRS tax-exemption ruling in September 1978, 48 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, Neighborhood Housing Services of Greater Berks Inc reported income of $3.3m and spending of $3.4m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $3.3m (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2020, when income rose by 134%. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Neighborhood Housing Services of Greater Berks Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within PA. Charities of a similar size with the same main cause include Sunrise of Pasco County Inc ($3.3m), Upper Shore Aging Housing Corp Inc ($3.3m) and Haven House Bridges Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $171k (5.1% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $17.9m against liabilities of $10.4m, net assets of $7.5m. It reported 20 employees.