Survey and Analysis of Community-Based Supportive Housing Nonprofits
Nazareth Housing is a nonprofit organization committed to promoting housing stability, helping families out of poverty, and preventing homelessness in the communities it serves. Nazareth manages several programs, including supportive housing, emergency shelter, financial coaching, and urgent needs assistance through food pantry and disaster case management programs. After three decades of serving Manhattan’s Lower East Side, Nazareth underwent an expansion through a merger with Thorpe Family Residence, broadening its geographic reach into the Bronx. The organization engaged a Capstone team to research comparative organizations’ financial benchmarks, program cost allocation, and administrative overhead. The team compiled insights from funders and recommended new accounting software. The results of the project aim to ensure Nazareth’s ability to continue serving individuals experiencing housing and financial instability while controlling costs and securing sustainable growth.