Nhhi-Bloomington Barrier Free Housing Corp

Analysis

Nhhi-Bloomington Barrier Free Housing Corp is a registered charity in United States, based in New Brighton, MN. It received its IRS tax-exemption ruling in September 1981, 45 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 September 2023, Nhhi-Bloomington Barrier Free Housing Corp reported income of $295k and spending of $288k, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $273k to $295k (+7.9%), an average of +1.9% a year. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Nhhi-Bloomington Barrier Free Housing Corp sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within MN. Charities of a similar size with the same main cause include Peckham Housing Corporation II ($295k), Venture Inc ($295k) and Little Rock Supportive Housing Inc ($295k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. Other salaries and wages came to $45k. At year end it held assets of $362k against liabilities of $973k, net assets of -$611k.