Connecticut · Nonprofit
NEIGHBORHOOD HOUSING SERVICES OF WATERBURY INC
NEIGHBORHOOD HOUSING SERVICES OF WATERBURY INC (Connecticut) receives grants from 22 organizations whose IRS filings report $4,195,669 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($1,804,850). 14 of them have funded it in more than one year.
- Revenue FY2024
- $3.3M
- Funders on record
- 22
- Grants received
- $4.2M
- Net assets
- $5.3M
What Neighborhood Housing Services of Waterbury Inc does
Mission
Building strong neighborhoods and communities through affordable and comprehensive housing development, financial education, and furthering home and community ownership.
As stated on its FY2024 Form 990.
Programs
Homeownership is the cornerstone of a strong community . Through nhsw's homeownership promotion programs, potential homebuyers are provided with the tools necessary to succeed and make their dreams of lifelong homeownership a reality through pre- and post-purchase counseling and workshops, budgeting and debt management, financial planning and management, credit repair, and landlord education. The homeownership preservation program combines clinics and counseling services to help existing homeowners hold on to their homes when challenges arise through budgeting and spending counseling, refinancing help, do-it-yourself training, education on lowering the costs of owning a home and avoiding foreclosure, minimizing losses, and receiving help with loan modifications.
$215,847 spent7% of program spendingUnitect, ct's rental assistance program aimed to help people who struggled financially during the pandemic stay in their homes. Nhsw performed outreach, engagement, and marketing to tenants and landlords, assisted and managed applicants with and during the process in person or remotely, maintained a daily log of activity, and determined applicants' eligibility. We provided services to over 10,00 households, which received help securing rental payment assistance due to financial struggles during the pandemic.
$849,026 spent27% of program spendingNeighborhood housing services of waterbury manages an affordable rental apartment development in the north end of waterbury, consisting of 10 townhouse style, two- and three-story, 3 bedrooms, 2 baths units averaging 1,252 sq. Ft. Per unit. Additionally, nhs of waterbury owns land for a 51 affordable homeownership development called old farm ridge. Nhs of watebrury work to ensure the ongoing safety, security, and affordability. Services include coordinating the hands-on tasks of maintenance to crunching numbers for accounting, certification, and more.
$2,084,411 spent66% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $3,149,284.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $4.4M to $6.5M (+47%).
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.
Government-grant reliance: 2017 44% · 2018 45% · 2019 83% · 2020 45% · 2021 35% · 2022 7% · 2023 23% · 2024 41%. Grants only. Government contracts and fees sit inside program revenue.
48% of NEIGHBORHOOD HOUSING SERVICES OF WATERBURY INC’s revenue is contributions — more donation-reliant than the typical peer (39% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.
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.
Who funds it, year by year
2017 → 2023: the base broadened from 6 funders to 13 funders, grant income rose $324k → $651k.
3 of 22 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 30% 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 WATERBURY INC’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 WATERBURY INC leans on a few funders — its largest provides 43% of grant income and the top three 80%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
78% 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 WATERBURY INC.
Largest funder’s share by year: 2017 66% · 2018 71% · 2019 56% · 2020 49% · 2021 30% · 2022 29% · 2023 49% — 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.
How long its funders stay
64% of NEIGHBORHOOD HOUSING SERVICES OF WATERBURY INC's funders are still giving 3 years after their first grant; 64% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
NEIGHBORHOOD HOUSING SERVICES OF WATERBURY INC draws 81% of its grant income from funders outside Connecticut, across 8 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.2M arriving through sponsors registered in 3 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.
Against its field
NEIGHBORHOOD HOUSING SERVICES OF WATERBURY INC has grown faster than three-quarters of the 3,973 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 3,973 housing & shelter nonprofits $1M–$10M, FY2024
Government funding NEIGHBORHOOD HOUSING SERVICES OF WATERBURY INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $264k on record.
- Department of Education$264k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like NEIGHBORHOOD HOUSING SERVICES OF WATERBURY INC
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 Connecticut
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
86% of spending goes to programs.
Governance
Public support
58%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- 885 North Main St LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for NEIGHBORHOOD HOUSING SERVICES OF WATERBURY INC: 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.
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 WATERBURY INC?
- NEIGHBORHOOD HOUSING SERVICES OF WATERBURY INC (Connecticut) receives grants from 22 organizations whose IRS filings report $4,195,669 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($1,804,850). 14 of them have funded it in more than one year.
- How many funders does NEIGHBORHOOD HOUSING SERVICES OF WATERBURY INC have?
- IRS filings report 22 organizations giving $4,195,669 in grants to NEIGHBORHOOD HOUSING SERVICES OF WATERBURY INC, 14 of which have funded it in more than one year.
- Who is the largest funder of NEIGHBORHOOD HOUSING SERVICES OF WATERBURY INC?
- NEIGHBORHOOD REINVESTMENT CORPORATION is the largest funder on record, with $1,804,850 in grants. The full list of funders is on this page.
- How can an organization like NEIGHBORHOOD HOUSING SERVICES OF WATERBURY INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Connecticut. 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 Waterbury →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 22 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