Mission
The North Carolina Housing Foundation (NCHF) is a nonprofit organization that has been a leader in providing safe and affordable housing for low- and moderate-income individuals since 1968. NCHF emphasizes the importance of quality housing as essential for thriving communities, and it supports its residents through various services, ensuring their stability and access to necessary resources.
Basic Information
Tax-Exempt
Founded in
1998
EIN
56-2087570
Total Assets
$778.3 thousand
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
Showing 2 of 2 goals
At a Glance
Our Affordable Housing Communities
Explore our diverse range of housing communities that provide safe and affordable living conditions.
Supportive Services for Residents
Learn about our initiatives that connect residents with essential community services to enhance their quality of life.
Developing Thriving Communities
Discover how we build inclusive and integrated communities through strategic partnerships and development.
Impact Stats
2500
Total Units
Quality Housing Units Created
Created more than 2,500 units of quality, affordable housing for low- to moderate-income seniors, families, homeless veterans, and individuals with disabilities.
$100 million
Portfolio Value
Growth in Property Portfolio
Grew a property portfolio from $850,000 in 1968 to over $100 million.
Self-Funded
Funding Model
Self-Funded Operations
Maintained self-funding since inception, enabling effective community impact without dependence on profit generation.
Our Programs
Supportive Services Program
A program linking residents to essential community services that enhance stability and quality of life.
Learn MoreMIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
58
48
/100
Program Expense Ratio
99.55%
20
/20
Program Revenue Growth
-0.28%
2
/20
Leverage Ratio
0.06002
20
/20
Working Capital Ratio
0.1543
4
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2021
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 0 | 0.00% |
| Program Services | 4.684M | 99.99% |
| Investment Income | 0 | 0.00% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 323 | 0.01% |
| Total Revenue | 4.685M | 100.00% |
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