National Association of Housing & Redevelopment Officals

Analysis

National Association of Housing & Redevelopment Officals is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in July 1987, 39 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 December 2023, National Association of Housing & Redevelopment Officals reported income of $193k and spending of $205k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $313k to $193k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 80% 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 Officals sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 49th percentile within CO. Charities of a similar size with the same main cause include USA Swimming Inc ($193k), Chinese Club of Western New York ($193k) and National Municipal Stormwater Alliance ($193k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $32k (16% of expenses). At year end it held assets of $226k against liabilities of $0, net assets of $226k. It reported 1 employees.