N B C U S a Housing Inc Five

Analysis

N B C U S a Housing Inc Five is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in April 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 Five reported income of $237k and spending of $198k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $325k to $237k (-27%), an average of -7.5% a year. The sharpest change came in the year to December 2022, when income dropped by 16%. Over the whole period it spent 98% 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 Five sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within LA. Charities of a similar size with the same main cause include Friends of the Mt Lebanon Library ($237k), Theatre of Yugen Incoporated ($237k) and Du Page Art League ($237k).

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 $1,600. At year end it held assets of $466k against liabilities of $539k, net assets of -$73k. It reported 3 employees.