New Haven Jewish Community Council Housing Corporation

Analysis

New Haven Jewish Community Council Housing Corporation is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in February 1971, 55 years ago. 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 2024, New Haven Jewish Community Council Housing Corporation reported income of $12.4m and spending of $9.7m, leaving 22% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $6.5m to $12.4m (+90%), an average of +14% a year. The sharpest change came in the year to June 2024, when income rose by 45%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Haven Jewish Community Council Housing Corporation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within CT. Charities of a similar size with the same main cause include Winning Wheels Inc ($12.4m), Hospice of the Upstate Inc ($12.4m) and Boy Scouts of America ($12.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 32% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $515k (5.3% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $33.7m against liabilities of $15.1m, net assets of $18.6m. It reported 56 employees.