National Association of Housing & Redevelopment Officials

Analysis

National Association of Housing & Redevelopment Officials is a registered charity in United States, based in Graham, TX. It received its IRS tax-exemption ruling in July 1989, 37 years ago. 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 September 2023, National Association of Housing & Redevelopment Officials reported income of $295k and spending of $234k, leaving 21% of income unspent that year. Across the 3 years on record, from September 2019 to September 2023, income fell from $370k to $295k (-20%), an average of -11% a year. The sharpest change came in the year to September 2022, when income dropped by 16%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Association of Housing & Redevelopment Officials sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Bethlehem Center Inc ($295k), Peoria Art Guild ($295k) and Bell Arthur Fire Department Inc ($295k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. At year end it held assets of $329k against liabilities of $37k, net assets of $292k.