Jamaica Plain Non-Profit Housing Corporation

Analysis

Jamaica Plain Non-Profit Housing Corporation is a registered charity in United States, based in Warren, MI. It received its IRS tax-exemption ruling in April 2000, 26 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 June 2023, Jamaica Plain Non-Profit Housing Corporation reported income of $945k and spending of $1.1m, spending 119% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $748k to $945k (+26%), an average of +8.1% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 122% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Jamaica Plain Non-Profit Housing Corporation sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MI. Charities of a similar size with the same main cause include Csa San Diego County ($945k), Essex Properties Urban Renewal Associates Inc ($945k) and Everywhere & Now Public Hous Resid Organizing Natl Together Inc ($944k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 30% of the total. At year end it held assets of $4.7m against liabilities of $730k, net assets of $3.9m.

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.