Nueces County Housing Assistance Inc

Analysis

Nueces County Housing Assistance Inc is a registered charity in United States, based in Corpus Christi, TX. It received its IRS tax-exemption ruling in December 1984, 42 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 September 2023, Nueces County Housing Assistance Inc reported income of $838k and spending of $1.0m, spending 121% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $755k to $838k (+11%), an average of +2.7% a year. Over the whole period it spent 112% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Nueces County Housing Assistance Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Grady Housing Inc ($838k), Pomfret Community Housing Corporation ($839k) and Housing Resource Development Corporation ($838k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Other salaries and wages came to $93k. At year end it held assets of $1.6m against liabilities of $3.3m, net assets of -$1.7m.