NFS Ministries

Analysis

NFS Ministries is a registered charity in United States, based in Parkersburg, WV. It received its IRS tax-exemption ruling in June 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, NFS Ministries reported income of $440k and spending of $369k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $338k to $440k (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, NFS Ministries sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within WV. Charities of a similar size with the same main cause include Eden Alvarado Niles Inc ($440k), Greenwood Housing & Community Development Inc ($440k) and Holy Trinity Housing Inc ($439k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 12% of the total. Other salaries and wages came to $115k. It paid $6,857 in professional fundraising fees. At year end it held assets of $71k against liabilities of $0, net assets of $71k.