Nonprofit Housing Preservation Ra Inc

Analysis

Nonprofit Housing Preservation Ra Inc is a registered charity in United States, based in Riviera Beach, FL. It received its IRS tax-exemption ruling in April 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nonprofit Housing Preservation Ra Inc reported income of $946k and spending of $975k, spending 103% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $1.2m to $946k (-19%), an average of -4.0% a year. The sharpest change came in the year to December 2019, when income dropped by 32%. Over the whole period it spent 111% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Nonprofit Housing Preservation Ra Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Essex Properties Urban Renewal Associates Inc ($945k), Quality Development Corp ($946k) and Jamaica Plain Non-Profit Housing Corporation ($945k).

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 $92k. At year end it held assets of $4.9m against liabilities of $5.5m, net assets of -$628k.