North Central Housing Inc

Analysis

North Central Housing Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in May 2011, 15 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, North Central Housing Inc reported income of $196k and spending of $213k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $190k to $196k (+3.3%), an average of +0.8% a year. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, North Central Housing Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Residential Supports and Services Inc ($196k), Mental Health Programs Inc -Vi ($196k) and Win Decatur Housing Development Fund Corporation ($196k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $7,500 (3.5% of expenses). Other salaries and wages came to $15k. At year end it held assets of $946k against liabilities of $626k, net assets of $320k.