Nabor House Community

Analysis

Nabor House Community is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nabor House Community reported income of $635k and spending of $1.1m, spending 168% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $730k to $635k (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nabor House Community sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Alhuda Academy Inc ($635k), Our Sacred Academy Inc ($635k) and Emanuel Preparatory School of Math and Science Inc ($635k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. Other salaries and wages came to $722k. At year end it held assets of $533k against liabilities of $7,557, net assets of $525k. It reported 35 employees.