Housing Solutions of Northern Arizona Inc

Analysis

Housing Solutions of Northern Arizona Inc is a registered charity in United States, based in Flagstaff, AZ. It received its IRS tax-exemption ruling in September 1993, 33 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 June 2023, Housing Solutions of Northern Arizona Inc reported income of $4.0m and spending of $2.3m, leaving 42% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $4.0m (+48%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 44%. Over the whole period it spent 75% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Solutions of Northern Arizona Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within AZ. Charities of a similar size with the same main cause include Humanities Foundation Inc ($4.0m), Assisi Homes-Batavia Apartments Inc ($4.0m) and Methow Housing TR ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 6.1% of the total. Compensation of current officers, directors and key employees was $96k (4.2% of expenses). Other salaries and wages came to $721k. At year end it held assets of $19.3m against liabilities of $14.9m, net assets of $4.4m. It reported 21 employees.