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Texas · Nonprofit

NEIGHBORHOOD HOUSING SERVICES OF WACO

NEIGHBORHOOD HOUSING SERVICES OF WACO (Texas) receives grants from 6 organizations whose IRS filings report $7,669,662 to it, the largest being Avenue Community Development Corporation ($4,898,261). 5 of them have funded it in more than one year.

Revenue FY2025
$2.0M
Funders on record
6
Grants received
$7.7M
Net assets
$7.7M
5/6 repeat fundersgrants exceed reported revenue in one year
01What it does

What Neighborhood Housing Services of Waco does

Mission

Building stronger neighborhoods through homeownership, quality rental housing and community building initiatives.

As stated on its FY2025 Form 990.

Programs

  1. Property management - the organization offers a lease with option to purchase program for families on the cusp of homeownership. The organization owned and managed 113 rental units during fiscal year 2025 that serviced 128 families, 2 of which moved on to homeownership during the year.

    $458,932 spent$1,216,798 earned by the program
    37% of program spending
  2. Real estate development - through their outreach projects, neighborworks seeks to create outlets to mobilize volunteers, beautify neighborhoods, unite communities, and celebrate resident involvement. Also provides best-of practices and training to local emerging and established leaders in the community. Neighborworks has been developing affordable housing since 1997. Both new construction and single family rehab is available. Four single family home projects were completed in fiscal year 2025.

    $187,519 spent$182,000 earned by the program
    15% of program spending
  3. Lending - neighborworks offers competitive mortgage products for first mortgages and down payment & closing cost assistance at low interest rates. Also offers a refinance product to help reduce monthly mortgage payments. The organization counseled with 416 families through the onsite and online education course, completed loans for 11 families and 30 additional counseled families purchased homes without lending assistance from the organization.

    $399,397 spent$230,661 earned by the program
    32% of program spending
  4. Counseling and education

    $160,139 spent
    13% of program spending
  5. Community services

    $47,515 spent
    4% of program spending

The 5 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,253,502.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.7M) Expenses 100 ($1.6M) Net assets 100 ($6.4M)2018 Revenue 102 ($1.7M) Expenses 104 ($1.7M) Net assets 101 ($6.5M)2019 Revenue 114 ($1.9M) Expenses 106 ($1.7M) Net assets 92 ($5.9M)2020 Revenue 94 ($1.6M) Expenses 81 ($1.3M) Net assets 96 ($6.2M)2021 Revenue 102 ($1.7M) Expenses 92 ($1.5M) Net assets 101 ($6.5M)2022 Revenue 137 ($2.3M) Expenses 97 ($1.6M) Net assets 112 ($7.2M)2023 Revenue 99 ($1.7M) Expenses 108 ($1.7M) Net assets 112 ($7.2M)2024 Revenue 111 ($1.9M) Expenses 106 ($1.7M) Net assets 117 ($7.5M)2025 Revenue 121 ($2.0M) Expenses 119 ($1.9M) Net assets 120 ($7.7M)
'17'18'19'20'21'22'23'24'25
Revenue (121)Expenses (119)Net assets (120)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $17M to $19M (+16%).

$13M
$14M
$14M
$15M
$16M
$17M
$17M
$17M
$19M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 28% · 2018 17% · 2019 22% · 2020 35% · 2021 31% · 2022 38% · 2023 1% · 2024 1% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.

18% of NEIGHBORHOOD HOUSING SERVICES OF WACO’s revenue is contributions — about as donation-reliant as the typical peer (39% for the typical peer).

This organization
Typical peer · 4,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$89k
’17
$62k
’18
$236k
’19
$296k
’20
$261k
’21
$767k
’22
−$60k
’23
$182k
’24
$138k
’25
20
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Delisa Burnell-Smith

President, CEO

Board chair

Scott Williams

Board chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2024 and FY2025 filings.

'17'18'19'20'21'22'23'24'25
Listed181818171717181718
Joined·+3+3+3+0+5+1+3+2
No longer listed·33405041
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 3 funders, grant income rose $327k → $980k.

2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of NEIGHBORHOOD HOUSING SERVICES OF WACO’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

NEIGHBORHOOD HOUSING SERVICES OF WACO leans on a few funders — its largest provides 64% of grant income and the top three 99%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NEIGHBORHOOD HOUSING SERVICES OF WACO.

64%
largest funder
99%
top three
~2
effective funders

Largest funder’s share by year: 2017 99% · 2018 99% · 2019 99% · 2020 100% · 2021 62% · 2022 92% · 2023 74% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

64% of NEIGHBORHOOD HOUSING SERVICES OF WACO's grant income comes from Texas funders.

MN
NC
DC
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Texas out of state home

Funder states come from each funder’s own filing. $38k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

NEIGHBORHOOD HOUSING SERVICES OF WACO holds deeper cash reserves than three-quarters of the 2,196 housing & shelter nonprofits its size.

Operating margin7% · above the median
Months of reserve20.0mo · top quartile
Revenue growth (annualized)2% · bottom quartile

this organization peer median middle 50% of peers· 2,196 housing & shelter nonprofits $1M–$10M, FY2025

Organizations like NEIGHBORHOOD HOUSING SERVICES OF WACO

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Texas

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

66% of spending goes to programs.

Program 66%Management 34%Fundraising 0%

Governance

15
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

90%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 1 related entity

  • Neighborhood Lending Services LLC · exempt

Screen this organization

A dated, signed PDF of the compliance screen for NEIGHBORHOOD HOUSING SERVICES OF WACO: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NEIGHBORHOOD HOUSING SERVICES OF WACO?
NEIGHBORHOOD HOUSING SERVICES OF WACO (Texas) receives grants from 6 organizations whose IRS filings report $7,669,662 to it, the largest being Avenue Community Development Corporation ($4,898,261). 5 of them have funded it in more than one year.
How many funders does NEIGHBORHOOD HOUSING SERVICES OF WACO have?
IRS filings report 6 organizations giving $7,669,662 in grants to NEIGHBORHOOD HOUSING SERVICES OF WACO, 5 of which have funded it in more than one year.
Who is the largest funder of NEIGHBORHOOD HOUSING SERVICES OF WACO?
Avenue Community Development Corporation is the largest funder on record, with $4,898,261 in grants. The full list of funders is on this page.
How can an organization like NEIGHBORHOOD HOUSING SERVICES OF WACO find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Neighborhood Housing Services of Waco →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing