N B C-U S a Housing Inc Eleven

Analysis

N B C-U S a Housing Inc Eleven is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in August 1987, 39 years ago. 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 December 2023, N B C-U S a Housing Inc Eleven reported income of $340k and spending of $266k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $317k to $340k (+7.3%), an average of +1.8% a year. The sharpest change came in the year to December 2022, when income rose by 15%. Over the whole period it spent 123% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, N B C-U S a Housing Inc Eleven sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within LA. Charities of a similar size with the same main cause include Mohai Foundation ($340k), Ethnic Support Council ($340k) and Family Support Center of Uintah Basin ($340k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $37k. At year end it held assets of $473k against liabilities of $1.6m, net assets of -$1.1m. It reported 3 employees.