Noelle Affordable Housing Corporation

Analysis

Noelle Affordable Housing Corporation is a registered charity in United States, based in Little Neck, NY. It received its IRS tax-exemption ruling in March 2012, 14 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, Noelle Affordable Housing Corporation reported income of $734k and spending of $456k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2021 to December 2023, income grew from $699k to $734k (+4.9%), an average of +4.9% a year. Over the whole period it spent 60% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Noelle Affordable Housing Corporation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Telacu Housing-Pico Aliso Inc ($734k), Natis House ($734k) and Open Arms Mission NFP ($733k).

At year end it held assets of $320k against liabilities of $0, net assets of $320k.