N B C U S a Housing Inc Nine

Analysis

N B C U S a Housing Inc Nine is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in May 1993, 33 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) 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 Nine reported income of $427k and spending of $391k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $402k to $427k (+6.4%), an average of +1.6% a year. Over the whole period it spent 94% 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 Nine sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within LA. Charities of a similar size with the same main cause include Christ Episcopal Church Foundation ($427k), Boy Scouts of America ($427k) and Christian International Network of Church Inc ($427k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 86% of the total. Other salaries and wages came to $46k. At year end it held assets of $1.2m against liabilities of $1.4m, net assets of -$252k. It reported 4 employees.