Nairobi Housing Inc

Analysis

Nairobi Housing Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 2002, 24 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, Nairobi Housing Inc reported income of $161k and spending of $22k, leaving 86% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $152k to $161k (+6.1%), an average of +1.5% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 558% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Nairobi Housing Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Senior Haven Apartments Inc ($161k), Choconut Creek Housing Corporation ($161k) and Presbyterian Oaks III Incorporated ($161k).

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 $4.8m against liabilities of $7.8m, net assets of -$3.0m.