NB Housing Partners

Analysis

NB Housing Partners is a registered charity in United States, based in New Braunfels, TX. It received its IRS tax-exemption ruling in December 2013, 13 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, NB Housing Partners reported income of $2.5m and spending of $1.4m, leaving 44% of income unspent that year. The sharpest change came in the year to December 2021, when income rose by 3672%. Over the whole period it spent 71% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, NB Housing Partners sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Appalachian Home & Health Inc ($2.5m), Affordable Living for the Aging ($2.5m) and Housing and Education Alliance Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $672k. At year end it held assets of $3.2m against liabilities of $1.4m, net assets of $1.8m. It reported 20 employees.