Icl Joselow House Inc

Analysis

Icl Joselow House Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1999, 27 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, Icl Joselow House Inc reported income of $2.2m and spending of $2.2m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.2m (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 107% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Icl Joselow House Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Shelters of Saratoga Inc ($2.2m), Techequity Collaborative ($2.2m) and Hawaii Island Community Development Corporation ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $1.6m against liabilities of $820k, net assets of $790k. It reported 37 employees.