Umh JGJ Corp

Analysis

Umh JGJ Corp is a registered charity in United States, based in Binghamton, NY. It received its IRS tax-exemption ruling in November 1990, 36 years ago. 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 December 2023, Umh JGJ Corp reported income of $6.5m and spending of $9.3m, spending 145% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $13.3m to $6.5m (-51%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Umh JGJ Corp sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($6.5m), The Boat Company Ltd ($6.5m) and Jewish Federation of Delaware Inc ($6.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Other salaries and wages came to $5.2m. At year end it held assets of $4.9m against liabilities of $8.3m, net assets of -$3.4m. It reported 130 employees.