Nlh6

Analysis

Nlh6 is a registered charity in United States, based in Farmington, NM. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Nlh6 reported income of $115k and spending of $127k, spending 111% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $104k to $115k (+10%), an average of +3.3% a year. Over the whole period it spent 126% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Nlh6 sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 36th percentile within NM. Charities of a similar size with the same main cause include The Naomi Project Inc ($115k), Hospitality in the Name of Christ ($115k) and Danas Garden Apartments ($115k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $19k. At year end it held assets of $844k against liabilities of $1.2m, net assets of -$378k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.