NHDC Forest Hills Apartments Inc

Analysis

NHDC Forest Hills Apartments Inc is a registered charity in United States, based in RCH Cucamonga, CA. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, NHDC Forest Hills Apartments Inc reported income of $826k and spending of $665k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $493k to $826k (+68%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, NHDC Forest Hills Apartments Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Always Home Inc ($826k), Unity Point Counseling and Resource Center Inc ($827k) and Chicago Urban League Development Corporation ($826k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $96k. At year end it held assets of $2.2m against liabilities of $1.6m, net assets of $551k.