Nar Roberts Jr Incorporated
Analysis
Nar Roberts Jr Incorporated is a registered charity in United States, based in Martinsburg, WV. It received its IRS tax-exemption ruling in December 1997, 29 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 June 2023, Nar Roberts Jr Incorporated reported income of $188k and spending of $185k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $129k to $188k (+45%), an average of +9.8% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 115% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Nar Roberts Jr Incorporated sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within WV. Charities of a similar size with the same main cause include Merchant Tulsa Inc ($188k), Hosanna Home ($188k) and Warren County Development Corporation ($188k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 38% of the total. Other salaries and wages came to $39k. At year end it held assets of $807k against liabilities of $13k, net assets of $794k.
Income and spending
Where the income comes from
- Contributions & grants 65%
- Program services 35%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Merchant Tulsa Inc | Tulsa | $188k |
| Hosanna Home | Sparks | $188k |
| Warren County Development Corporation | McMinnville | $188k |
| Affordable Housing Solutions | Burbank | $188k |