Neighborhood Housing Services Inc

Analysis

Neighborhood Housing Services Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in September 1968, 58 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 September 2023, Neighborhood Housing Services Inc reported income of $1.9m and spending of $957k, leaving 50% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $934k to $1.9m (+106%), an average of +20% a year. The sharpest change came in the year to September 2022, when income rose by 194%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Neighborhood Housing Services Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Kearney Catholic High School Foundation ($1.9m), Bridgewood Non Profit Housing Corp ($1.9m) and Independent Order of Odd Fellows ($1.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% and program service revenue 7.3% of the total. Other salaries and wages came to $625k. At year end it held assets of $1.8m against liabilities of $99k, net assets of $1.7m. It reported 11 employees.