Neighborhood Housing Services of South Florida Inc

Analysis

Neighborhood Housing Services of South Florida Inc is a registered charity in United States, based in Oakland Park, FL. It received its IRS tax-exemption ruling in January 1981, 45 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 June 2023, Neighborhood Housing Services of South Florida Inc reported income of $4.3m and spending of $4.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.6m to $4.3m (+69%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 93%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Neighborhood Housing Services of South Florida Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Education-Plus Inc ($4.3m), Community Reach Center Foundation Inc ($4.3m) and Wing Luke Memorial Foundation ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $4.3m against liabilities of $3.5m, net assets of $789k. It reported 18 employees.