National Housing Trust

Analysis

National Housing Trust is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 1986, 40 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, National Housing Trust reported income of $13.0m and spending of $3.2m, leaving 75% of income unspent that year. Across the 6 years on record, from June 2019 to December 2023, income grew from $2.9m to $13.0m (+341%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 368%. Over the whole period it spent 60% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, National Housing Trust sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 90th percentile within DC. Charities of a similar size with the same main cause include Caracole Inc ($12.9m), Orlando Neighborhood Improvement Corporation Inc ($13.0m) and Mercy Housing Lakefront ($12.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $864k (27% of expenses). Other salaries and wages came to $516k. At year end it held assets of $20.4m against liabilities of $3.4m, net assets of $17.0m. It reported 63 employees.