Housing & Shelter
(L20Z)
IRS Verified
DX Registered
990 on File
NEIGHBORHOOD OF AFFORDABLE HOUSING INC
Financial strength (30%)
52/100
Reliability (20%)
55/100
Effectiveness (25%)
85/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
NOAH, a community development corporation, promotes equity, community cohesion, environmental justice, and economic resiliency. We increase access to affordable housing, create social and economic opportunities, and empower residents to be leaders of change.
Financial Overview — FY 2024
$5.7M
Total Revenue
$6.9M
Total Expenses
$-83,203
Net Assets
25
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
91.6%
Fundraising Efficiency
N/A
Operating Reserve
-0.14x
Liability-to-Asset
100.3%
Revenue Diversification
57.7%
Executive Compensation
$340K
Compared with Peers
FY 2024
Compared with 2,572 similar organizations
(United States, Housing & Shelter, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
91.6% | 87.2% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
5.2% | 10.3% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
3.2% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-0.1 mo | 12.6 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
100.3% | 39.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
57.7% | 89.9% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-47.0% | 6.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-41.5% | 6.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-20.2% | 3.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $5.7M | $6.9M | $-83,203 | 91.6% | 25 |
| 2023 | $10.8M | $11.8M | $1.1M | 96.0% | 25 |
| 2022 | $12.0M | $12.5M | $2.0M | 96.5% | 29 |
| 2021 | $13.3M | $13.3M | N/A | — | 23 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.