National Association of Housing & Redevelopment Officials

Analysis

National Association of Housing & Redevelopment Officials is a registered charity in United States, based in Baton Rouge, LA. 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 $339k and spending of $250k, leaving 26% of income unspent that year. Across the 3 years on record, from September 2019 to September 2023, income grew from $285k to $339k (+19%), an average of +9.0% a year. The sharpest change came in the year to September 2023, when income rose by 22%. Over the whole period it spent 97% 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 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within LA. Charities of a similar size with the same main cause include The Massachusetts Medical Society and Alliance Charitable Foundation ($339k), Northeastern Randolph County Senior Services Inc ($339k) and The Safe House Education Fund ($339k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.4% and program service revenue 98% of the total. At year end it held assets of $606k against liabilities of $20k, net assets of $586k.