North Hills Affordable Housing Inc

Analysis

North Hills Affordable Housing Inc is a registered charity in United States, based in Glenshaw, PA. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, North Hills Affordable Housing Inc reported income of $1.1m and spending of $1.1m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $986k to $1.1m (+12%), an average of +2.9% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, North Hills Affordable Housing Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within PA. Charities of a similar size with the same main cause include Center for Great Neighborhoods of Covington Inc ($1.1m), St Philips School and Community Center Foundation ($1.1m) and Samf Fund ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 5.2% of the total. Other salaries and wages came to $428k. At year end it held assets of $4.6m against liabilities of $1.1m, net assets of $3.4m. It reported 17 employees.