National Housing Resource Group Inc

Analysis

National Housing Resource Group Inc is a registered charity in United States, based in Yonkers, NY. It received its IRS tax-exemption ruling in January 2003, 23 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 March 2024, National Housing Resource Group Inc reported income of $78k and spending of $11k, leaving 86% of income unspent that year. Across the 6 years on record, from March 2019 to March 2024, income grew from $21k to $78k (+267%), an average of +30% a year. The sharpest change came in the year to March 2023, when income rose by 452%. Over the whole period it spent 48% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, National Housing Resource Group Inc sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Salvation Manor Inc ($78k), Papas House Inc ($78k) and Collins Way Inc ($78k).

Compensation of current officers, directors and key employees was $10k (90% of expenses). At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.