Northern Valley Realty Inc

Analysis

Northern Valley Realty Inc is a registered charity in United States, based in Wheeling, WV. It received its IRS tax-exemption ruling in August 2013, 13 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 June 2023, Northern Valley Realty Inc reported income of $108k and spending of $93k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $41k to $108k (+163%), an average of +27% a year. The sharpest change came in the year to June 2020, when income rose by 71%. Over the whole period it spent 111% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Northern Valley Realty Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 35th percentile within WV. Charities of a similar size with the same main cause include Allen House Inc ($108k), Mental Retardation Community Services of Nassau County-Project ($108k) and Our Lady of Consolation Apartments Inc ($108k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. At year end it held assets of $503k against liabilities of $410, net assets of $502k.