NWC Corporation Hud 2 Inc

Analysis

NWC Corporation Hud 2 Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in June 1996, 30 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, NWC Corporation Hud 2 Inc reported income of $86k and spending of $107k, spending 124% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $95k to $86k (-9.5%), an average of -3.3% a year. Over the whole period it spent 114% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, NWC Corporation Hud 2 Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within OH. Charities of a similar size with the same main cause include Sussex Retirement Associates Inc ($86k), Goodwill Industries Debra Beebe Apartments Inc ($86k) and Westend Terzettos ($86k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 40% of the total. At year end it held assets of $421k against liabilities of $43k, net assets of $378k.