NH Housing Development NFP

Analysis

NH Housing Development NFP is a registered charity in United States, based in Chicago HTS, IL. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, NH Housing Development NFP reported income of $121k and spending of $192k, spending 159% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $123k to $121k (-1.9%), an average of -0.5% a year. Over the whole period it spent 131% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, NH Housing Development NFP sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within IL. Charities of a similar size with the same main cause include Ufedme ($121k), The Montana National Guard Thrift Shop Inc ($121k) and Housing Health & Human Services Alliance of Rutherford County Inc ($121k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 45% of the total. Other salaries and wages came to $47k. At year end it held assets of $1.1m against liabilities of $1.3m, net assets of -$192k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.