Native Partnership for Housing Inc

Analysis

Native Partnership for Housing Inc is a registered charity in United States, based in Gallup, NM. It received its IRS tax-exemption ruling in June 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 September 2022, Native Partnership for Housing Inc reported income of $1.0m and spending of $1.7m, spending 170% of what it took in. Across the 4 years on record, from September 2019 to September 2022, income fell from $1.1m to $1.0m (-7.2%), an average of -2.5% a year. The sharpest change came in the year to September 2020, when income rose by 20%. Over the whole period it spent 144% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Native Partnership for Housing Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within NM. Charities of a similar size with the same main cause include Chico State Construction Management Education Foundation ($1.0m), Joyeux Foundation US ($1.0m) and Groover Labs Inc ($1.0m).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 123% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $121k (7.0% of expenses). Other salaries and wages came to $330k. At year end it held assets of $4.2m against liabilities of $3.9m, net assets of $233k. It reported 12 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.