Princeton Community Housing Inc
Princeton Community Housing Inc shows consistent asset growth but faced a significant deficit in 2023 with expenses nearly double revenue.
EIN: 133026182 · Princeton, NJ · NTEE: L52Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $628K |
| Total Expenses | $911K |
| Program Spending | 85% |
| Net Assets | $4.3M |
| Transparency Score | 85/100 |
Is Princeton Community Housing Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Princeton Community Housing Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Princeton Community Housing Inc
Princeton Community Housing Inc (EIN: 133026182) is a nonprofit organization based in Princeton, NJ, classified under NTEE code L52Z. The organization reported total revenue of $628K and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Princeton Community Housing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Princeton Community Housing Inc is a small nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $436K |
| Total Expenses | $911K |
| Surplus / Deficit | $-475,240 |
| Total Assets | $4.3M |
| Total Liabilities | $21K |
| Net Assets | $4.3M |
| Operating Margin | -109.0% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 56.8 months |
Financial Health Grade: B
In 2023, Princeton Community Housing Inc reported a deficit of $475K with expenses exceeding revenue, holds 56.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Princeton Community Housing Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.3% | +97.8% | -4.2% |
| 2022 | -32.5% | -31.0% | -4.6% |
| 2021 | +151.4% | +11.9% | -1.0% |
| 2020 | +24.8% | +107.5% | +4.1% |
| 2019 | -31.0% | +21.7% | +1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
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 Princeton Community Housing 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: 85%
- fundraising: 5%
According to IRS 990 filings, Princeton Community Housing Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $475K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
Princeton Community Housing Inc consistently reports 0% officer compensation across all available filings, indicating that no portion of its budget is allocated to executive salaries, which is highly commendable for a nonprofit of its size.
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 Princeton Community Housing Inc's IRS 990 filings:
- Significant deficit in 2023 (expenses $911,306 vs. revenue $436,066)
- Inconsistent revenue streams with large year-over-year fluctuations
Strengths
The following positive indicators were identified for Princeton Community Housing Inc:
- Consistent asset growth over the past decade, reaching over $4.3 million in 2023
- Zero officer compensation reported across all filings, indicating high efficiency and dedication to mission
- Low liabilities in most years, suggesting sound financial management
- Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance
Frequently Asked Questions about Princeton Community Housing Inc
Is Princeton Community Housing Inc a legitimate charity?
Princeton Community Housing Inc (EIN: 133026182) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $628K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Princeton Community Housing Inc spend its money?
Princeton Community Housing Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Princeton Community Housing Inc tax-deductible?
Princeton Community Housing Inc is registered as a tax-exempt nonprofit (EIN: 133026182). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Princeton Community Housing Inc's spending goes to programs?
Princeton Community Housing Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Princeton Community Housing Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Princeton Community Housing Inc is above average for NTEE category L52Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Princeton Community Housing Inc located?
Princeton Community Housing Inc is headquartered in Princeton, New Jersey and files with the IRS under EIN 133026182. It is classified under NTEE code L52Z.
How many years of IRS 990 filings does Princeton Community Housing Inc have?
Princeton Community Housing 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 $628K in total revenue.
Is Princeton Community Housing Inc financially sustainable given the 2023 deficit?
While the 2023 filing shows expenses ($911,306) significantly exceeding revenue ($436,066), the organization maintains substantial assets ($4,315,951) which could absorb short-term deficits. However, a sustained trend of expenses outpacing revenue would raise concerns about long-term sustainability.
How does the organization fund its operations without officer compensation?
The consistent 0% officer compensation suggests that leadership roles may be filled by volunteers or compensated through other means not classified as officer compensation, allowing more funds to be directed towards programs and operations.
What caused the significant increase in expenses in 2023?
The provided data does not detail the specific nature of the expenses. The jump from $460,712 in 2022 to $911,306 in 2023 could indicate significant program expansion, capital expenditures, or one-time operational costs.
Filing History
IRS 990 filing history for Princeton Community Housing Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Princeton Community Housing Inc's revenue has grown by 474.1%, moving from $76K to $436K. Total assets increased by 2161.1% over the same period, from $191K to $4.3M. Total functional expenses rose by 905.8%, from $91K to $911K. In its most recent filing year (2023), Princeton Community Housing Inc reported a deficit of $475K, with expenses exceeding revenue. The organization holds $21K in liabilities against $4.3M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $4.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $436K | $911K | $4.3M | $21K | — | — |
| 2022 | $644K | $461K | $4.5M | $54K | — | View 990 |
| 2021 | $954K | $668K | $4.7M | $4K | — | View 990 |
| 2020 | $379K | $597K | $4.8M | $376K | — | View 990 |
| 2019 | $304K | $288K | $4.6M | $68K | — | View 990 |
| 2018 | $441K | $236K | $4.5M | $3K | — | View 990 |
| 2017 | $439K | $168K | $4.3M | $5K | — | View 990 |
| 2016 | $214K | $66K | $4.0M | $8K | — | View 990 |
| 2015 | $97K | $16K | $321K | $0 | — | View 990 |
| 2014 | $85K | $62K | $242K | $2K | — | View 990 |
| 2013 | $69K | $44K | $219K | $2K | — | View 990 |
| 2012 | $155K | $151K | $194K | $2K | — | View 990 |
| 2011 | $76K | $91K | $191K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $436K, expenses of $911K, and assets of $4.3M (revenue -32.3% year-over-year).
- 2022: Revenue of $644K, expenses of $461K, and assets of $4.5M (revenue -32.5% year-over-year).
- 2021: Revenue of $954K, expenses of $668K, and assets of $4.7M (revenue +151.4% year-over-year).
- 2020: Revenue of $379K, expenses of $597K, and assets of $4.8M (revenue +24.8% year-over-year).
- 2019: Revenue of $304K, expenses of $288K, and assets of $4.6M (revenue -31.0% year-over-year).
- 2018: Revenue of $441K, expenses of $236K, and assets of $4.5M (revenue +0.4% year-over-year).
- 2017: Revenue of $439K, expenses of $168K, and assets of $4.3M (revenue +104.7% year-over-year).
- 2016: Revenue of $214K, expenses of $66K, and assets of $4.0M (revenue +122.0% year-over-year).
- 2015: Revenue of $97K, expenses of $16K, and assets of $321K (revenue +13.7% year-over-year).
- 2014: Revenue of $85K, expenses of $62K, and assets of $242K (revenue +23.4% year-over-year).
- 2013: Revenue of $69K, expenses of $44K, and assets of $219K (revenue -55.6% year-over-year).
- 2012: Revenue of $155K, expenses of $151K, and assets of $194K (revenue +104.4% year-over-year).
- 2011: Revenue of $76K, expenses of $91K, and assets of $191K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Princeton Community Housing Inc:
Data Sources and Methodology
This transparency report for Princeton Community Housing 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.