Jasa Housing Management Services for the Aged Inc

Analysis

Jasa Housing Management Services for the Aged Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Jasa Housing Management Services for the Aged Inc reported income of $4.6m and spending of $4.5m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $4.6m (+136%), an average of +24% a year. The sharpest change came in the year to June 2020, when income rose by 206%. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Jasa Housing Management Services for the Aged Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Wilson Housing Development Corporation ($4.6m), Lutheran Retirement Center at Lutheridge Inc ($4.6m) and Shreveport Leased Housing Corporation ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $304k (6.7% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $1.6m against liabilities of $681k, net assets of $934k. It reported 26 employees.