Nonantum Village Place Inc

Analysis

Nonantum Village Place Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in January 2004, 22 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 (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, Nonantum Village Place Inc reported income of $999k and spending of $497k, leaving 50% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $301k to $999k (+232%), an average of +35% a year. The sharpest change came in the year to June 2023, when income rose by 126%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Nonantum Village Place Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Panorama West Inc ($998k), Las Bougainvilleas Senior Housing Inc ($999k) and Cupertino Community Housing for the Disabled ($998k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 44% of the total. Other salaries and wages came to $79k. At year end it held assets of $5.1m against liabilities of $2.4m, net assets of $2.7m.