Noahs House

Analysis

Noahs House is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 1999, 27 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, Noahs House reported income of $1.2m and spending of $1.1m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $784k to $1.2m (+56%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Noahs House sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include DC Discipleship Inc ($1.2m), Cranbury Housing Associates ($1.2m) and Dynamic Healing Center ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $105k (9.6% of expenses). Other salaries and wages came to $343k. It paid $55k in professional fundraising fees. At year end it held assets of $1.4m against liabilities of $450k, net assets of $917k. It reported 21 employees.