Nelson Hall Homes

Analysis

Nelson Hall Homes is a registered charity in United States, based in Fort Smith, AR. It received its IRS tax-exemption ruling in October 2014, 12 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, Nelson Hall Homes reported income of $4.1m and spending of $2.3m, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $4.1m (+147%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 125%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Nelson Hall Homes sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within AR. Charities of a similar size with the same main cause include Riverside Housing Development Corporation ($4.1m), South Portland Housing Development Corporation ($4.1m) and Community Housing Developers Inc ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 26% of the total. At year end it held assets of $8.4m against liabilities of $238k, net assets of $8.1m.