JGS Housing Services Inc

Analysis

JGS Housing Services Inc is a registered charity in United States, based in Longmeadow, MA. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, JGS Housing Services Inc reported income of $4.3m and spending of $4.9m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $4.3m (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 123% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, JGS Housing Services 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 90th percentile within MA. Charities of a similar size with the same main cause include Medina Childrens Home ($4.3m), Colorado Organization for Victim Assistance ($4.3m) and Advocates to End Domestic Violence ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.3% and program service revenue 97% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $8.7m against liabilities of $935k, net assets of $7.7m. It reported 114 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.