National Housing Endowment a Nonprofit Corporation

Analysis

National Housing Endowment a Nonprofit Corporation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2000, 26 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 Endowment a Nonprofit Corporation reported income of $908k and spending of $1.6m, spending 182% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $908k (-52%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 79%. Over the whole period it spent 58% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, National Housing Endowment a Nonprofit Corporation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 53rd percentile within DC. Charities of a similar size with the same main cause include Williamstown Elderly Housing Corp ($908k), Higher Calling Foundation Inc ($909k) and Hope House Foundation Inc ($908k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% of the total. Compensation of current officers, directors and key employees was $330k (20% of expenses). Other salaries and wages came to $148k. At year end it held assets of $32.6m against liabilities of $436k, net assets of $32.2m. It reported 3 employees.