Navajo Townsite Community Development Corporation

Analysis

Navajo Townsite Community Development Corporation is a registered charity in United States, based in Navajo, NM. It received its IRS tax-exemption ruling in June 2016, 10 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 September 2023, Navajo Townsite Community Development Corporation reported income of $435k and spending of $789k, spending 181% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income grew from $382k to $435k (+14%), an average of +4.4% a year. Over the whole period it spent 180% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Navajo Townsite Community Development Corporation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within NM. Charities of a similar size with the same main cause include Powers Housing Development Inc ($435k), Ministry in Action Living Center of Lufkin Inc ($435k) and Orchard Communities Inc ($435k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $72k (9.2% of expenses). Other salaries and wages came to $176k. At year end it held assets of $3.8m against liabilities of $54k, net assets of $3.8m. It reported 13 employees.

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.