National Housing Associates Inc

Analysis

National Housing Associates Inc is a registered charity in United States, based in Powell, OH. It received its IRS tax-exemption ruling in August 1997, 29 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, National Housing Associates Inc reported income of $528k and spending of $341k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $304k to $528k (+74%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 568%. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, National Housing Associates Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Friendly Temple Apartments II Inc ($528k), Salvation Army Colorado Springs Residences Inc ($528k) and Ellis Neighborhood Development Corporation ($528k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $110k (32% of expenses). Other salaries and wages came to $33k. At year end it held assets of $3.1m against liabilities of $732k, net assets of $2.3m. It reported 2 employees.