Is Neighborhood Housing Services Of New York City Inc Legit?
Quick charity verification for Neighborhood Housing Services Of New York City Inc (EIN: 133098397)
Verdict: Neighborhood Housing Services Of New York City Inc appears trustworthy
90/100Mission Score
$12.2MRevenue
$17.2MAssets
1Red Flags
3Strengths
Red Flags
Significant year-over-year revenue fluctuations (e.g., $4.8M in 2021 to $12.3M in 2022, then $10.1M in 2023) could indicate unstable funding sources or project-based revenue.
Strengths
Consistent positive net assets, demonstrating financial stability (e.g., $22,014,790 assets vs $15,775,290 liabilities in 2023).
Zero reported officer compensation across all filings, indicating a strong commitment to program spending.
Expenses generally kept below or close to revenue, showing responsible financial management (e.g., $10,193,207 revenue vs $9,692,527 expenses in 2023).
Spending Breakdown
How Neighborhood Housing Services Of New York City Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Neighborhood Housing Services Of New York City Inc
Is Neighborhood Housing Services Of New York City Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Neighborhood Housing Services Of New York City Inc (EIN: 133098397) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 3 strengths noted.
Is Neighborhood Housing Services Of New York City Inc a good charity to donate to?
Neighborhood Housing Services Of New York City Inc has a Mission Score of 90/100. Revenue: $12.2M. Assets: $17.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Neighborhood Housing Services Of New York City Inc?
The Employer Identification Number (EIN) for Neighborhood Housing Services Of New York City Inc is 133098397. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Neighborhood Housing Services Of New York City Inc spend its money?
Neighborhood Housing Services Of New York City Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Neighborhood Housing Services Of New York City Inc's tax-exempt status?
You can verify Neighborhood Housing Services Of New York City Inc's tax-exempt status using EIN 133098397 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Neighborhood Housing Services Of New York City Inc demonstrates a generally stable financial position, with assets consistently exceeding liabilities across its filing history. For instance, in 2023, assets were $22,014,790 against liabilities of $15,775,290. The organization has shown significant fluctuations in revenue and expenses over the past few years, with revenue peaking at $12,319,217 in 2022 and then decreasing to $10,193,207 in 2023. Despite these variations, expenses have generally remained below or close to revenue, indicating sound financial management. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to directing funds towards its mission rather than executive salaries, which is a strong indicator of financial health and donor trust. The NTEE code L800 (Housing & Shelter) aligns with its mission, and the financial data supports its operational capacity in this area.