Nhhi Mankato Barrier Free Housing Corporation

Analysis

Nhhi Mankato Barrier Free Housing Corporation is a registered charity in United States, based in New Brighton, MN. It received its IRS tax-exemption ruling in August 1983, 43 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, Nhhi Mankato Barrier Free Housing Corporation reported income of $478k and spending of $430k, spending 90% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $441k to $478k (+8.5%), an average of +2.1% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nhhi Mankato Barrier Free Housing Corporation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MN. Charities of a similar size with the same main cause include Time to Rise Inc ($478k), The National Organization to End Pet Overpopulation Inc ($478k) and Singapore American School Foundation ($478k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 65% and program service revenue 33% of the total. Other salaries and wages came to $96k. At year end it held assets of $726k against liabilities of $2.0m, net assets of -$1.2m.