Neighborhood Housing Services of Hamilton Inc

Analysis

Neighborhood Housing Services of Hamilton Inc is a registered charity in United States, based in Hamilton, OH. It received its IRS tax-exemption ruling in October 1992, 34 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 December 2023, Neighborhood Housing Services of Hamilton Inc reported income of $1.8m and spending of $1.6m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $1.8m (+2.1%), an average of +0.5% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 86% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Neighborhood Housing Services of Hamilton Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include Charleston Medical Center Housing Corporation ($1.8m), Southeast Center for Independent Living Inc ($1.8m) and Watson Street Management & Development Corporation ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $126k (7.9% of expenses). Other salaries and wages came to $353k. At year end it held assets of $5.9m against liabilities of $316k, net assets of $5.6m. It reported 6 employees.