Nathan Hale Housing Company Inc
Nathan Hale Housing Company Inc. maintains stable operations with no reported executive compensation, experiencing a gradual decline in assets over the last decade.
EIN: 112256380 · Lynbrook, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $2.3M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $7 |
| Net Assets | $4.6M |
| Transparency Score | 85/100 |
Is Nathan Hale Housing Company Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nathan Hale Housing Company Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nathan Hale Housing Company Inc
Nathan Hale Housing Company Inc (EIN: 112256380) is a nonprofit organization based in Lynbrook, NY. The organization reported total revenue of $2.9M and total assets of $7.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nathan Hale Housing Company Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nathan Hale Housing Company Inc is a mid-size nonprofit that has been operating for 52 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $2.3M |
| Surplus / Deficit | $-66,748 |
| Total Assets | $7.2M |
| Total Liabilities | $2.6M |
| Net Assets | $4.6M |
| Operating Margin | -3.0% |
| Debt-to-Asset Ratio | 36.0% |
| Months of Reserves | 38.0 months |
Financial Health Grade: B
In 2023, Nathan Hale Housing Company Inc reported a deficit of $67K with expenses exceeding revenue, holds 38.0 months of operating reserves (strong position), has a debt-to-asset ratio of 36.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Nathan Hale Housing Company Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.0% | +2.7% | -2.7% |
| 2022 | +4.3% | -4.6% | -0.9% |
| 2021 | +1.3% | +17.8% | -3.3% |
| 2020 | +23.2% | +14.5% | -4.2% |
| 2019 | +11.7% | +1.1% | -1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1974 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Nathan Hale Housing Company Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Nathan Hale Housing Company Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $67K, with expenses exceeding revenue.
- Debt-to-asset ratio: 36.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient for a nonprofit of its size with assets over $7 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Nathan Hale Housing Company Inc's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., 2023, 2022, 2021, 2019, 2018, 2017, 2016, 2015, 2014) where expenses exceeded revenue, potentially drawing down reserves or assets.
- Lack of specific NTEE code makes it harder to benchmark against similar organizations.
Strengths
The following positive indicators were identified for Nathan Hale Housing Company Inc:
- Exceptional efficiency in executive compensation with 0% reported officer compensation across all filings.
- Strong program focus, with nearly all expenses directed towards the organization's mission (estimated 90% program spending).
- Consistent filing history demonstrating transparency and accountability over many years.
- Stable asset base, despite a gradual decline, indicating long-term operational capacity.
Frequently Asked Questions about Nathan Hale Housing Company Inc
Is Nathan Hale Housing Company Inc a legitimate charity?
Nathan Hale Housing Company Inc (EIN: 112256380) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.9M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Nathan Hale Housing Company Inc spend its money?
Nathan Hale Housing Company Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Nathan Hale Housing Company Inc tax-deductible?
Nathan Hale Housing Company Inc is registered as a tax-exempt nonprofit (EIN: 112256380). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Nathan Hale Housing Company Inc CEO make?
Nathan Hale Housing Company Inc's highest-compensated officer earns $7 annually. The organization reported $2.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Nathan Hale Housing Company Inc located?
Nathan Hale Housing Company Inc is headquartered in Lynbrook, New York and files with the IRS under EIN 112256380.
How many years of IRS 990 filings does Nathan Hale Housing Company Inc have?
Nathan Hale Housing Company Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.9M in total revenue.
What is the specific nature of Nathan Hale Housing Company Inc.'s housing programs?
Based on the financial data, the organization consistently spends nearly all its revenue on expenses, suggesting direct program delivery. However, without an NTEE code or program details, the exact nature of its housing programs (e.g., affordable housing, senior housing, transitional housing) is unclear from the 990 data alone.
Why have the organization's assets been declining over the past decade?
Assets have decreased from $9,216,676 in 2014 to $7,241,645 in 2023. This trend could be due to depreciation of properties, strategic divestment of assets, or using reserves to cover operational deficits, as expenses have sometimes exceeded revenue (e.g., 2023, 2022, 2021).
How does Nathan Hale Housing Company Inc. sustain operations with 0% officer compensation?
The consistent 0% officer compensation suggests a highly dedicated volunteer board or leadership team, or that key personnel are compensated through other classifications (e.g., program staff) rather than as officers, which is a very efficient model for resource allocation.
Filing History
IRS 990 filing history for Nathan Hale Housing Company Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nathan Hale Housing Company Inc's revenue has grown by 31.5%, moving from $1.7M to $2.2M. Total assets decreased by 26.2% over the same period, from $9.8M to $7.2M. Total functional expenses rose by 52.5%, from $1.5M to $2.3M. In its most recent filing year (2023), Nathan Hale Housing Company Inc reported a deficit of $67K, with expenses exceeding revenue. The organization holds $2.6M in liabilities against $7.2M in assets (debt-to-asset ratio: 36.0%), resulting in net assets of $4.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $2.3M | $7.2M | $2.6M | — | — |
| 2022 | $2.2M | $2.2M | $7.4M | $2.7M | — | View 990 |
| 2021 | $2.1M | $2.3M | $7.5M | $2.8M | — | — |
| 2020 | $2.0M | $2.0M | $7.8M | $2.9M | — | View 990 |
| 2019 | $1.7M | $1.7M | $8.1M | $3.3M | — | View 990 |
| 2018 | $1.5M | $1.7M | $8.2M | $3.4M | — | View 990 |
| 2017 | $1.6M | $1.7M | $8.5M | $3.4M | — | View 990 |
| 2016 | $1.7M | $1.7M | $8.8M | $3.6M | — | View 990 |
| 2015 | $1.7M | $1.7M | $9.0M | $3.9M | — | View 990 |
| 2014 | $1.6M | $1.8M | $9.2M | $4.0M | — | View 990 |
| 2013 | $1.7M | $1.6M | $9.6M | $4.3M | — | View 990 |
| 2012 | $1.7M | $1.6M | $9.7M | $4.5M | — | View 990 |
| 2011 | $1.7M | $1.5M | $9.8M | $4.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $2.3M, and assets of $7.2M (revenue +3.0% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.2M, and assets of $7.4M (revenue +4.3% year-over-year).
- 2021: Revenue of $2.1M, expenses of $2.3M, and assets of $7.5M (revenue +1.3% year-over-year).
- 2020: Revenue of $2.0M, expenses of $2.0M, and assets of $7.8M (revenue +23.2% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.7M, and assets of $8.1M (revenue +11.7% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.7M, and assets of $8.2M (revenue -6.3% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.7M, and assets of $8.5M (revenue -5.1% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.7M, and assets of $8.8M (revenue +0.5% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.7M, and assets of $9.0M (revenue +0.6% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.8M, and assets of $9.2M (revenue -1.1% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.6M, and assets of $9.6M (revenue +0.8% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.6M, and assets of $9.7M (revenue -2.1% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.5M, and assets of $9.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nathan Hale Housing Company Inc:
Data Sources and Methodology
This transparency report for Nathan Hale Housing Company Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.