N B C U S a Housing Inc Seven

Analysis

N B C U S a Housing Inc Seven 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 Seven reported income of $396k and spending of $394k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $353k to $396k (+12%), an average of +2.9% a year. Over the whole period it spent 97% 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 Seven sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within LA. Charities of a similar size with the same main cause include Clarks Chapel Fire and Rescue Department Inc ($396k), Abc Nevada Chapter Northern Division Apprenticeship Trust Fund ($396k) and Abraham Lincoln Brigade Archives ($396k).

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 $97k. At year end it held assets of $347k against liabilities of $695k, net assets of -$349k. It reported 3 employees.