Neighborhood Housing Services of the Black Hills

Analysis

Neighborhood Housing Services of the Black Hills is a registered charity in United States, based in Deadwood, SD. It received its IRS tax-exemption ruling in May 1993, 33 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, Neighborhood Housing Services of the Black Hills reported income of $1.1m and spending of $1.0m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $935k to $1.1m (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2020, when income rose by 90%. Over the whole period it spent 74% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Neighborhood Housing Services of the Black Hills sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within SD. Charities of a similar size with the same main cause include Have Mercy ($1.1m), Telacu Senior Housing of Los Angeles County ($1.1m) and Caribe Towers Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $83k (8.2% of expenses). Other salaries and wages came to $277k. At year end it held assets of $5.5m against liabilities of $1.6m, net assets of $3.9m. It reported 9 employees.