Western N C Housing Partnership Inc
Only null% goes to programs Strong reserves Growing revenue
Western N C Housing Partnership Inc is a 501(c)(3) organization based in Hendersonville, North Carolina, registered in 1994, with $815,783 in FY2023 revenue. CharityIndex grades it B.
224 Thompson St 181, Hendersonville, NC, 28792 EIN 58-2065033 Since 1994
Revenue (FY2023)
$816K
▼ 3.2% vs prior year
Housing median: $408K
Expenses (FY2023)
$386K
Net assets
$2.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Western N C Housing Partnership Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating84 mo reserves · +53% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Western N C Housing Partnership Inc: 84 mo reserves · +53% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Western N C Housing Partnership Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Western N C Housing Partnership Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 224 Thompson St 181, Hendersonville, NC, 28792
- City
- Hendersonville
- State
- North Carolina
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
- Website
- …
Financial trends
Revenue grew from $450K (FY2013) to $816K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $1.1MNet assets $2.7M
Operating margin
52.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.8M
Total liabilities
$1.1M
Net assets
$2.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $815,783▼3.2% | $385,598▲3.3% | $2,700,276▲19.3% | $3,815,759▲29.0% | 990 |
| 2022 | $842,326▲64.9% | $373,108▲1.4% | $2,263,707▲26.3% | $2,958,824▲20.9% | 990 |
| 2021 | $510,872▲71.2% | $368,012▲42.6% | $1,792,381▼9.8% | $2,447,111▼4.1% | 990 |
| 2020 | $298,466▼2.5% | $258,098▼26.5% | $1,987,485▼7.7% | $2,552,714▼7.8% | 990 |
| 2019 | $306,250▲258% | $351,047▲24.1% | $2,154,169▼1.9% | $2,769,708▼1.1% | 990 |
| 2018 | $85,431▼76.5% | $282,949▼5.3% | $2,195,216▼7.4% | $2,800,597▼6.7% | 990 |
| 2017 | $363,742▼7.5% | $298,678▲10.9% | $2,370,850▲2.8% | $3,001,787▲3.7% | 990 |
| 2016 | $393,053▼31.3% | $269,262▲7.9% | $2,306,950▲5.6% | $2,893,306▲3.5% | 990 |
| 2015 | $572,166▲79.2% | $249,615▼4.8% | $2,184,213▲17.2% | $2,794,817▼1.0% | 990 |
| 2014 | $319,368▼29.1% | $262,292▼16.2% | $1,862,987▲3.1% | $2,823,828▲1.3% | 990 |
| 2013 | $450,376 | $312,942 | $1,807,595 | $2,787,634 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Western N C Housing Partnership Inc a legitimate nonprofit?
- Yes. Western N C Housing Partnership Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-2065033, based in Hendersonville, North Carolina. Donations are tax-deductible.
- What is Western N C Housing Partnership Inc's EIN?
- Western N C Housing Partnership Inc's Employer Identification Number (EIN) is 58-2065033.
- How much revenue does Western N C Housing Partnership Inc report?
- Western N C Housing Partnership Inc reported $815,783 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Western N C Housing Partnership Inc have?
- CharityIndex grades Western N C Housing Partnership Inc B, based on financial health (reserves and operating margin).
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Data for Western N C Housing Partnership Inc (EIN 58-2065033) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.