Nysar Housing Opportunities Foundation Inc

Analysis

Nysar Housing Opportunities Foundation Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in April 2005, 21 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, Nysar Housing Opportunities Foundation Inc reported income of $106k and spending of $50k, leaving 53% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $106k (+71%), an average of +71% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 68% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Nysar Housing Opportunities Foundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include LSS Housing Prairieview Inc ($106k), Sonrisa Apartments Inc ($106k) and Guide Nashville Homes Inc ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $186k against liabilities of $2,832, net assets of $183k.