NCCS - Housing Families First Nonprofit Housing Corporation

Analysis

NCCS - Housing Families First Nonprofit Housing Corporation is a registered charity in United States, based in Fremont, MI. It received its IRS tax-exemption ruling in February 2008, 18 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, NCCS - Housing Families First Nonprofit Housing Corporation reported income of $90k and spending of $92k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $70k to $90k (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 132% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, NCCS - Housing Families First Nonprofit Housing Corporation sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within MI. Charities of a similar size with the same main cause include Virginia Place Apartments Inc ($90k), Philoxenia Charities ($90k) and Buffalo Senior Housing Corporation ($90k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 83% of the total. At year end it held assets of $945k against liabilities of $1,714, net assets of $943k.

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.