Northpoint Housing Inc

Analysis

Northpoint Housing Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Northpoint Housing Inc reported income of $553k and spending of $7.1m, spending 1280% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $538k to $553k (+2.9%), an average of +0.7% a year. Over the whole period it spent 725% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Northpoint Housing Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Parkside Manor Inc ($552k), Asheville Buncombe Community Land Trust ($553k) and Ridge Oak II Inc ($552k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 74% of the total. At year end it held assets of $4.3m against liabilities of $2.3m, net assets of $2.0m.

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.