Yes Housing of Arizona Inc

Analysis

Yes Housing of Arizona Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in August 2003, 23 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, Yes Housing of Arizona Inc reported income of $1.0m and spending of $263k, leaving 75% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $46k to $1.0m (+2186%), an average of +119% a year. The sharpest change came in the year to December 2020, when income rose by 1735%. Over the whole period it spent 67% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Yes Housing of Arizona Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within NM. Charities of a similar size with the same main cause include Housing Help Inc ($1.0m), Gibb Mansion Housing Development Fund Corporation ($1.0m) and Habitat for Humanity International Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 98% of the total. At year end it held assets of $1.8m against liabilities of $12k, net assets of $1.8m.