N B C-U S a Incorporated

Analysis

N B C-U S a Incorporated is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in January 1999, 27 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 (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 Incorporated reported income of $203k and spending of $253k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $181k to $203k (+12%), an average of +2.9% a year. Over the whole period it spent 121% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, N B C-U S a Incorporated sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within LA. Charities of a similar size with the same main cause include Cumberland Court Housing Commission Inc ($203k), Boulder Presbyterian Housing Inc ($203k) and Parker Presbyterian Senior Housing Inc ($203k).

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 $59k. At year end it held assets of $962k against liabilities of $1.7m, net assets of -$782k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.