Nba Tucson Housing Inc

Analysis

Nba Tucson Housing Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in May 1951, 75 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nba Tucson Housing Inc reported income of $690k and spending of $704k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $528k to $690k (+31%), an average of +6.9% a year. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nba Tucson Housing Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 72nd percentile within AZ. Charities of a similar size with the same main cause include Challenged-Parent Directed Family Resource Center ($689k), Western Illinois Dreamers ($690k) and Berean Bible Mission Pathway School ($689k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 32% of the total. Other salaries and wages came to $142k. At year end it held assets of $2.0m against liabilities of $3.9m, net assets of -$2.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.