Aberdeen Neighborhood Housing Services

Analysis

Aberdeen Neighborhood Housing Services is a registered charity in United States, based in Aberdeen, WA. It received its IRS tax-exemption ruling in January 1982, 44 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 June 2024, Aberdeen Neighborhood Housing Services reported income of $934k and spending of $806k, spending 86% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $963k to $934k (-3.0%), an average of -0.6% a year. The sharpest change came in the year to June 2022, when income dropped by 30%. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Aberdeen Neighborhood Housing Services sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within WA. Charities of a similar size with the same main cause include Essex Street Management Incorporated ($934k), Abara Inc ($934k) and San Juan Community Home Trust ($933k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 25% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $173k (21% of expenses). Other salaries and wages came to $199k. At year end it held assets of $8.5m against liabilities of $526k, net assets of $7.9m. It reported 8 employees.