Nestquest Houston Inc

Analysis

Nestquest Houston Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 2018, 8 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 December 2023, Nestquest Houston Inc reported income of $1.5m and spending of $1.7m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $554k to $1.5m (+171%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 135%. Over the whole period it spent 113% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Nestquest Houston Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Commcare Tangipahoa ($1.5m), Madeline Corporation ($1.5m) and Operation Renewed Hope Foundation ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $129k (7.5% of expenses). Other salaries and wages came to $125k. At year end it held assets of $163k against liabilities of $19k, net assets of $144k. It reported 5 employees.