Nonprofit Housing Preservations SB Inc

Analysis

Nonprofit Housing Preservations SB Inc is a registered charity in United States, based in Riviera Beach, FL. It received its IRS tax-exemption ruling in April 1996, 30 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 December 2023, Nonprofit Housing Preservations SB Inc reported income of $701k and spending of $304k, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.1m to $701k (-83%), an average of -36% a year. The sharpest change came in the year to December 2021, when income rose by 642%. Over the whole period it spent 44% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Nonprofit Housing Preservations SB Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Rochelle Senior Housing Inc ($701k), Kingston Midtown Rising ($701k) and Haus of Codec ($700k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $13.9m against liabilities of $750, net assets of $13.9m.