Nevada Rural Housing Inc

Analysis

Nevada Rural Housing Inc is a registered charity in United States, based in Carson City, NV. It received its IRS tax-exemption ruling in May 2005, 21 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, Nevada Rural Housing Inc reported income of $211k and spending of $121k, leaving 43% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $327k to $211k (-35%), an average of -10% a year. The sharpest change came in the year to June 2021, when income rose by 372%. Over the whole period it spent 70% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Nevada Rural Housing Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 60th percentile within NV. Charities of a similar size with the same main cause include Lexington Community Land Trust Inc ($211k), Teton Senior Housing Inc ($211k) and The Donorsee Foundation ($211k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $849k against liabilities of $134k, net assets of $716k.