Sacramento Neighborhood Housing Services Inc

Analysis

Sacramento Neighborhood Housing Services Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in April 1987, 39 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, Sacramento Neighborhood Housing Services Inc reported income of $1.2m and spending of $3.4m, spending 294% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.9m to $1.2m (-83%), an average of -36% a year. The sharpest change came in the year to December 2020, when income dropped by 64%. Over the whole period it spent 135% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sacramento Neighborhood Housing Services Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Villa Franciscan Inc ($1.2m), Flat Rock Non Profit Housing Corporation ($1.2m) and Central County Community Development Corporation Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $293k (8.5% of expenses). Other salaries and wages came to $956k. At year end it held assets of $8.1m against liabilities of $1.9m, net assets of $6.2m. It reported 72 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.