National Caucus & Ctr on Black Aged Housing Serv of Ms IV Inc

Analysis

National Caucus & Ctr on Black Aged Housing Serv of Ms IV Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in March 1989, 37 years ago. 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 April 2024, National Caucus & Ctr on Black Aged Housing Serv of Ms IV Inc reported income of $388k and spending of $415k, spending 107% of what it took in. Across the 5 years on record, from April 2020 to April 2024, income grew from $334k to $388k (+16%), an average of +3.9% a year. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Caucus & Ctr on Black Aged Housing Serv of Ms IV Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within TN. Charities of a similar size with the same main cause include Pumpkin Center Volunteer Fire Department Inc ($388k), National Assessment Center Assoc ($388k) and Sri Guru Ravidass Sabha -Calif- ($388k).

On its Form 990 for the period ending April 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $56k. At year end it held assets of $1.7m against liabilities of $2.2m, net assets of -$438k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.