Northview Residences Inc

Analysis

Northview Residences Inc is a registered charity in United States, based in Newton, KS. It received its IRS tax-exemption ruling in December 2000, 26 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Northview Residences Inc reported income of $67k and spending of $103k, spending 154% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $92k to $67k (-27%), an average of -7.7% a year. The sharpest change came in the year to June 2024, when income dropped by 33%. Over the whole period it spent 121% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Northview Residences Inc sits at the 15th percentile: it is larger than about 15% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within KS. Charities of a similar size with the same main cause include Uncle Sams Inc ($67k), Flagship City Apartments Inc ($67k) and Broadway Community Housing Corporation ($67k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 88% of the total. At year end it held assets of $585k against liabilities of $901k, net assets of -$316k.

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.