Nonprofit Housing Corporation

Analysis

Nonprofit Housing Corporation is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in May 1999, 27 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 Corporation reported income of $175k and spending of $288k, spending 164% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $340k to $175k (-48%), an average of -15% a year. The sharpest change came in the year to December 2022, when income rose by 459%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Nonprofit Housing Corporation sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within TN. Charities of a similar size with the same main cause include Westchester Management Group Inc ($175k), Accessible Country Trail Inc II ($175k) and William Tuke Apartments Inc ($175k).

Compensation of current officers, directors and key employees was $120k (42% of expenses). At year end it held assets of $7.6m against liabilities of $3.6m, net assets of $4.0m. It reported 1 employees.