Jawonio Residential Opportunities III Inc

Analysis

Jawonio Residential Opportunities III Inc is a registered charity in United States, based in New City, NY. It received its IRS tax-exemption ruling in February 2005, 21 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, Jawonio Residential Opportunities III Inc reported income of $361k and spending of $298k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $329k to $361k (+9.8%), an average of +2.4% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 76% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Jawonio Residential Opportunities III Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Merced Rescue Mission Support Corporation ($361k), Optage Inc ($362k) and Gardella Plaza Inc ($361k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 72% of the total. At year end it held assets of $2.4m against liabilities of $2.1m, net assets of $338k.