Neighborhood Housing Services Inc of Great Falls

Analysis

Neighborhood Housing Services Inc of Great Falls is a registered charity in United States, based in Great Falls, MT. It received its IRS tax-exemption ruling in May 1980, 46 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 September 2023, Neighborhood Housing Services Inc of Great Falls reported income of $2.4m and spending of $1.8m, leaving 22% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.5m to $2.4m (+60%), an average of +12% a year. The sharpest change came in the year to September 2020, when income rose by 59%. Over the whole period it spent 75% 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 Inc of Great Falls sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within MT. Charities of a similar size with the same main cause include Heart of the City Neighborhoods Inc ($2.4m), Trilogy-Embers of Marshalltown Ia Inc ($2.4m) and Holston Home for Children Foundation Inc ($2.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 68% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $240k (13% of expenses). Other salaries and wages came to $825k. At year end it held assets of $22.4m against liabilities of $5.8m, net assets of $16.6m. It reported 31 employees.