Noble Senior Citizens Housing Authority Inc

Analysis

Noble Senior Citizens Housing Authority Inc is a registered charity in United States, based in Grapevine, TX. It received its IRS tax-exemption ruling in November 1983, 43 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Noble Senior Citizens Housing Authority Inc reported income of $223k and spending of $229k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $219k to $223k (+1.8%), an average of +0.5% a year. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Noble Senior Citizens Housing Authority Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Ellenburg Housing Developement Fund Company Inc ($223k), Mekkah a Morings Housing Inc ($223k) and Olive Avenue Apartments Inc ($223k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $42k. At year end it held assets of $546k against liabilities of $702k, net assets of -$155k.