N B C U S A Housing Inc Twenty Three is a 501(c)(3) organization based in New Orleans, Louisiana, registered in 1989, with $195,786 in FY2023 revenue. CharityIndex grades it F.
Revenue (FY2023)
$196K
▼ 16.6% vs prior year
Expenses (FY2023)
$249K
Net assets
-$1.0M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for N B C U S A Housing Inc Twenty Three— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For N B C U S A Housing Inc Twenty Three: 0 mo reserves · -27% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for N B C U S A Housing Inc Twenty Three— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For N B C U S A Housing Inc Twenty Three: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $244K (FY2020) to $196K (FY2023) across 4 reported years.
Financial snapshot
Operating margin
-27.3%
Spent more than it raised in the latest fiscal year.
Total assets
$459K
Total liabilities
$1.5M
Net assets
-$1.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $195,786▼16.6% | $249,224▼10.6% | -$1,003,903▼5.6% | $459,177▼7.5% | 990 |
| 2022 | $234,833▲1.4% | $278,793▼4.7% | -$950,465▼4.8% | $496,624▼11.1% | 990 |
| 2021 | $231,521▼5.3% | $292,410▲3.9% | -$906,505▼7.2% | $558,725▼4.0% | 990 |
| 2020 | $244,433 | $281,341 | -$845,616 | $581,849 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for N B C U S A Housing Inc Twenty Three (EIN 62-1394724) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.