Neighborhood Housing Services Oklahoma City Inc

Analysis

Neighborhood Housing Services Oklahoma City Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in October 1985, 41 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, Neighborhood Housing Services Oklahoma City Inc reported income of $1.6m and spending of $2.0m, spending 127% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income grew from $1.0m to $1.6m (+50%), an average of +8.5% a year. The sharpest change came in the year to December 2020, when income rose by 254%. Over the whole period it spent 106% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Neighborhood Housing Services Oklahoma City Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within OK. Charities of a similar size with the same main cause include Bomh Inc ($1.6m), Spartan Housing Cooperative Inc ($1.6m) and Matthew Senior Housing Corporation ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $143k (7.2% of expenses). Other salaries and wages came to $475k. At year end it held assets of $25.4m against liabilities of $20.4m, net assets of $5.1m. It reported 15 employees.