Neighborhood Housing Development Corporation

Analysis

Neighborhood Housing Development Corporation is a registered charity in United States, based in Sun City, CA. It received its IRS tax-exemption ruling in October 2009, 17 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 2022, Neighborhood Housing Development Corporation reported income of $118k and spending of $96k, spending 81% of its income. Across the 2 years on record, from December 2018 to December 2022, income grew from $32k to $118k (+271%), an average of +271% a year. The sharpest change came in the year to December 2022, when income rose by 271%. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Neighborhood Housing Development Corporation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Simadon Corporation ($118k), Thi-13 ($118k) and Refuge in Otsego County ($118k).

On its Form 990-EZ for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $127k against liabilities of $0, net assets of $127k.