National Handicap Housing Institute Inc

Analysis

National Handicap Housing Institute Inc is a registered charity in United States, based in New Brighton, MN. It received its IRS tax-exemption ruling in September 1976, 50 years ago. 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 September 2023, National Handicap Housing Institute Inc reported income of $1.2m and spending of $1.1m, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.0m to $1.2m (+16%), an average of +3.8% a year. The sharpest change came in the year to September 2021, when income rose by 37%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Handicap Housing Institute Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MN. Charities of a similar size with the same main cause include Otero County Landfill Inc ($1.2m), Hemophilia Foundation of Southern California ($1.2m) and Wose Community Church of Oakland ($1.2m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 92% of the total. Other salaries and wages came to $986k. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m. It reported 32 employees.