Neighborhood Housing Renewal Corp IV

Analysis

Neighborhood Housing Renewal Corp IV is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in June 1991, 35 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2023, Neighborhood Housing Renewal Corp IV reported income of $99k and spending of $157k, spending 159% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $148k to $99k (-33%), an average of -9.5% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 122% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Neighborhood Housing Renewal Corp IV sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Rise Up 4 Change Inc ($99k), Western North Carolina Tennis Association Inc ($99k) and Donley County Junior Livestock Association ($99k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $477k against liabilities of $1.2m, net assets of -$685k.

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.