NHS Stevens Housing Corporation

Analysis

NHS Stevens Housing Corporation is a registered charity in United States, based in Lafayette HL, PA. It received its IRS tax-exemption ruling in March 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, NHS Stevens Housing Corporation reported income of $116k and spending of $188k, spending 163% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $9,294 to $116k (+1143%), an average of +88% a year. The sharpest change came in the year to June 2021, when income rose by 2039%. Over the whole period it spent 169% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, NHS Stevens Housing Corporation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within PA. Charities of a similar size with the same main cause include Westlake Community Foundation Inc ($116k), Todays Resident Services Inc ($116k) and Housing Land Trust Ventura County ($116k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $21k. At year end it held assets of $383k against liabilities of $1.0m, net assets of -$638k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.