Northern Area Homes Inc

Analysis

Northern Area Homes Inc is a registered charity in United States, based in Russell, PA. It received its IRS tax-exemption ruling in May 1974, 52 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, Northern Area Homes Inc reported income of $133k and spending of $128k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $120k to $133k (+11%), an average of +11% a year. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Northern Area Homes Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within PA. Charities of a similar size with the same main cause include Rio Housing Association Inc ($133k), First Richland Morrow Housing Inc IX ($133k) and Kceoc Housing Corporation ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. At year end it held assets of $208k against liabilities of $29k, net assets of $179k.