North West Housing Partnership

Analysis

North West Housing Partnership is a registered charity in United States, based in Schaumburg, IL. It received its IRS tax-exemption ruling in December 1991, 35 years ago. 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, North West Housing Partnership reported income of $2.1m and spending of $903k, leaving 57% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.0m to $2.1m (+100%), an average of +19% a year. The sharpest change came in the year to September 2023, when income rose by 257%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North West Housing Partnership sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Partners for Community Inc ($2.1m), South Carolina Universities Research and Education Foundation ($2.1m) and San Juan Basin Area Agency on Aging Inc ($2.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 7.0% and program service revenue 74% of the total. Other salaries and wages came to $285k. At year end it held assets of $5.1m against liabilities of $3.8m, net assets of $1.4m. It reported 4 employees.