Nhhi Hopkins Barrier Free Housing Corporation

Analysis

Nhhi Hopkins Barrier Free Housing Corporation is a registered charity in United States, based in New Brighton, MN. It received its IRS tax-exemption ruling in December 1992, 34 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Nhhi Hopkins Barrier Free Housing Corporation reported income of $265k and spending of $273k, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $227k to $265k (+17%), an average of +3.9% a year. Over the whole period it spent 112% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Nhhi Hopkins Barrier Free Housing Corporation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within MN. Charities of a similar size with the same main cause include New Dimensions in Recovery ($265k), SNHS Greenfield Elderly Housing Inc ($265k) and Creative Living for Life Inc ($265k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Other salaries and wages came to $52k. At year end it held assets of $845k against liabilities of $107k, net assets of $738k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.