Neighborhood Housing Services of Los Angeles County

Analysis

Neighborhood Housing Services of Los Angeles County is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 1987, 39 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 2023, Neighborhood Housing Services of Los Angeles County reported income of $2.3m and spending of $1.6m, leaving 34% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $2.3m (+4.3%), an average of +1.1% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 76% 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 of Los Angeles County 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 88th percentile within CA. Charities of a similar size with the same main cause include Glacier Hills Foundation ($2.3m), Habitat for Humanity International Inc ($2.3m) and Acacia Real Estate Development Inc ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $426k (27% of expenses). Other salaries and wages came to $269k. At year end it held assets of $4.4m against liabilities of $4.2m, net assets of $185k. It reported 49 employees.