National Housing Trust Community Development Fund

Analysis

National Housing Trust Community Development Fund is a registered charity in United States, based in Washington, DC. 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 Trust Community Development Fund reported income of $9.2m and spending of $3.7m, leaving 59% of income unspent that year. Across the 6 years on record, from June 2019 to December 2023, income grew from $1.0m to $9.2m (+801%), an average of +55% a year. The sharpest change came in the year to December 2020, when income rose by 101%. Over the whole period it spent 39% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, National Housing Trust Community Development Fund sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 86th percentile within DC. Charities of a similar size with the same main cause include Woodlands at St Barnabas Inc ($9.2m), Housing Enterprises of Florida Inc ($9.2m) and Jammat Housing and Community Development Corporation ($9.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 34% of the total. At year end it held assets of $71.7m against liabilities of $44.2m, net assets of $27.5m.