NCSC USA Housing Development Corporation

Analysis

NCSC USA Housing Development Corporation is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in June 2002, 24 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, NCSC USA Housing Development Corporation reported income of $1.2m and spending of $1.5m, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.2m (+9.0%), an average of +2.2% a year. Over the whole period it spent 118% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, NCSC USA Housing Development Corporation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within PA. Charities of a similar size with the same main cause include Asian Neighborhood Design Inc ($1.2m), Living Waters International Inc ($1.2m) and Downstown Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Other salaries and wages came to $197k. At year end it held assets of $2.7m against liabilities of $5.6m, net assets of -$2.8m. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.