Charity Search / NEHEMIAH HOUSING DEVELOPMENT FUND COMPANY INC
Housing & Shelter (L200) 990 on File

NEHEMIAH HOUSING DEVELOPMENT FUND COMPANY INC

EIN: 11-3279298 · BROOKLYN, NY 11239-2324 · United States · FY 2024 Data
2 out of 5 38 / 100 Based on 2+ years of filings
Financial strength (30%) 57/100
Reliability (20%) 55/100
Effectiveness (25%) 41/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$1.1M
Total Revenue
$2.1M
Total Expenses
$2.4M
Net Assets
4
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 55.1%
Fundraising Efficiency N/A
Operating Reserve 13.82x
Liability-to-Asset 0.0%
Revenue Diversification 97.7%
Executive Compensation $569K
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
55.1% 87.2%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
44.9% 10.3%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
13.8 mo 12.6 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 39.0%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
97.7% 89.9%
P10P90
Below median
Revenue growth
Year over year revenue growth
-60.6% 6.4%
P10P90
Expense growth
Year over year expense growth
39.3% 6.9%
P10P90
Surplus margin
Surplus as a share of revenue
-95.3% 3.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $1.1M $2.1M $2.4M 55.1% 4
2023 $2.7M $1.5M $3.4M 40.1% 3
2022 $2.5M $2.1M $2.8M 75.1% 3
2021 $2.5M $245K N/A 1
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Organization Details
EIN
11-3279298
State
NY
City
BROOKLYN
ZIP
11239-2324
Classification
L200
Category
Housing & Shelter
Rating
2★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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