U S Jones H D F C

Analysis

U S Jones H D F C is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 2021, 5 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, U S Jones H D F C reported income of $267k and spending of $375k, spending 140% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $286k to $267k (-6.5%), an average of -2.2% a year. Over the whole period it spent 131% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, U S Jones H D F C sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include 91 Carlton Housing Development Fund Corporation ($267k), Community Winterhelp Inc ($268k) and Nhhi Brooklyn Park Inc ($267k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $54k. At year end it held assets of $65k against liabilities of $1.4m, net assets of -$1.4m.

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.