Ncsc Housing Development Corp Two
EIN: 232622107 · Pittsburgh, PA · NTEE: L22
| Metric | Value |
|---|---|
| Total Revenue | $510K |
| Total Expenses | $632K |
| Net Assets | $613K |
Is Ncsc Housing Development Corp Two Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ncsc Housing Development Corp Two
Ncsc Housing Development Corp Two (EIN: 232622107) is a nonprofit organization based in Pittsburgh, PA, classified under NTEE code L22. The organization reported total revenue of $510K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ncsc Housing Development Corp Two's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ncsc Housing Development Corp Two is a small nonprofit that has been operating for 24 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $529K |
| Total Expenses | $632K |
| Surplus / Deficit | $-102,931 |
| Total Assets | $1.2M |
| Total Liabilities | $629K |
| Net Assets | $613K |
| Operating Margin | -19.4% |
| Debt-to-Asset Ratio | 50.6% |
| Months of Reserves | 23.6 months |
Financial Health Grade: C
In 2023, Ncsc Housing Development Corp Two reported a deficit of $103K with expenses exceeding revenue, holds 23.6 months of operating reserves (strong position), has a debt-to-asset ratio of 50.6% (high leverage).
Financial Trends
Over 12 years of filings (2011–2023), Ncsc Housing Development Corp Two's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.5% | +12.8% | +2.0% |
| 2022 | +7.8% | +16.0% | -5.7% |
| 2020 | +11.2% | -9.4% | -5.7% |
| 2019 | -3.0% | +7.5% | -5.1% |
| 2018 | +0.6% | -1.5% | -5.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ncsc Housing Development Corp Two has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ncsc Housing Development Corp Two with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $103K, with expenses exceeding revenue.
- Debt-to-asset ratio: 50.6%.
Frequently Asked Questions about Ncsc Housing Development Corp Two
Is Ncsc Housing Development Corp Two a legitimate charity?
Ncsc Housing Development Corp Two (EIN: 232622107) is a registered tax-exempt nonprofit based in Pennsylvania. It has 12 years of IRS 990 filings on record. Total revenue: $510K. No red flags identified. Financial health grade: C.
How does Ncsc Housing Development Corp Two spend its money?
Ncsc Housing Development Corp Two reported $510K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ncsc Housing Development Corp Two tax-deductible?
Ncsc Housing Development Corp Two is registered as a tax-exempt nonprofit (EIN: 232622107). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ncsc Housing Development Corp Two located?
Ncsc Housing Development Corp Two is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 232622107. It is classified under NTEE code L22.
How many years of IRS 990 filings does Ncsc Housing Development Corp Two have?
Ncsc Housing Development Corp Two has 12 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 $510K in total revenue.
Filing History
IRS 990 filing history for Ncsc Housing Development Corp Two showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Ncsc Housing Development Corp Two's revenue has grown by 39.5%, moving from $379K to $529K. Total assets decreased by 37.1% over the same period, from $2.0M to $1.2M. Total functional expenses rose by 28.7%, from $491K to $632K. In its most recent filing year (2023), Ncsc Housing Development Corp Two reported a deficit of $103K, with expenses exceeding revenue. The organization holds $629K in liabilities against $1.2M in assets (debt-to-asset ratio: 50.6%), resulting in net assets of $613K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $529K | $632K | $1.2M | $629K | — | — |
| 2022 | $475K | $560K | $1.2M | $502K | — | View 990 |
| 2020 | $440K | $483K | $1.3M | $385K | — | — |
| 2019 | $396K | $534K | $1.4M | $420K | — | View 990 |
| 2018 | $408K | $496K | $1.4M | $356K | — | View 990 |
| 2017 | $406K | $504K | $1.5M | $352K | — | View 990 |
| 2016 | $407K | $490K | $1.6M | $347K | — | View 990 |
| 2015 | $402K | $471K | $1.7M | $308K | — | View 990 |
| 2014 | $371K | $487K | $1.7M | $310K | — | View 990 |
| 2013 | $382K | $444K | $1.8M | $306K | — | View 990 |
| 2012 | $393K | $472K | $1.9M | $297K | — | View 990 |
| 2011 | $379K | $491K | $2.0M | $292K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $529K, expenses of $632K, and assets of $1.2M (revenue +11.5% year-over-year).
- 2022: Revenue of $475K, expenses of $560K, and assets of $1.2M (revenue +7.8% year-over-year).
- 2020: Revenue of $440K, expenses of $483K, and assets of $1.3M (revenue +11.2% year-over-year).
- 2019: Revenue of $396K, expenses of $534K, and assets of $1.4M (revenue -3.0% year-over-year).
- 2018: Revenue of $408K, expenses of $496K, and assets of $1.4M (revenue +0.6% year-over-year).
- 2017: Revenue of $406K, expenses of $504K, and assets of $1.5M (revenue -0.5% year-over-year).
- 2016: Revenue of $407K, expenses of $490K, and assets of $1.6M (revenue +1.2% year-over-year).
- 2015: Revenue of $402K, expenses of $471K, and assets of $1.7M (revenue +8.3% year-over-year).
- 2014: Revenue of $371K, expenses of $487K, and assets of $1.7M (revenue -2.8% year-over-year).
- 2013: Revenue of $382K, expenses of $444K, and assets of $1.8M (revenue -2.7% year-over-year).
- 2012: Revenue of $393K, expenses of $472K, and assets of $1.9M (revenue +3.5% year-over-year).
- 2011: Revenue of $379K, expenses of $491K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ncsc Housing Development Corp Two:
Data Sources and Methodology
This transparency report for Ncsc Housing Development Corp Two 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.