Jericho Project

Analysis

Jericho Project is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1984, 42 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Jericho Project reported income of $19.0m and spending of $18.7m, spending 98% of its income. Across the 6 years on record, from March 2019 to June 2023, income grew from $11.9m to $19.0m (+60%), an average of +9.8% a year. The sharpest change came in the year to June 2023, when income rose by 279%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Jericho Project sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Moravian Village of Bethlehem ($19.0m), Charities Housing Development Corp of Santa Clara County ($19.1m) and Pathways to Housing Pa ($19.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 21% of the total. Other salaries and wages came to $7.9m. At year end it held assets of $24.4m against liabilities of $8.6m, net assets of $15.8m. It reported 181 employees.