Jefferson Street Senior Housing Corporation

Analysis

Jefferson Street Senior Housing Corporation is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in August 2002, 24 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 December 2023, Jefferson Street Senior Housing Corporation reported income of $683k and spending of $1.1m, spending 166% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $647k to $683k (+5.6%), an average of +1.4% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 136% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Jefferson Street Senior Housing Corporation sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Restoring Communities Housing Development Fund Corporation ($682k), Hendry County Non-Profit Housing Inc ($683k) and Odenton Senior Housing II Inc ($682k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $6.2m against liabilities of $11.4m, net assets of -$5.2m.