Josiah Place Inc

Analysis

Josiah Place Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in September 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Josiah Place Inc reported income of $69k and spending of $108k, spending 157% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $62k to $69k (+11%), an average of +2.6% a year. Over the whole period it spent 158% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Josiah Place Inc sits at the 15th percentile: it is larger than about 15% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within NE. Charities of a similar size with the same main cause include Im-Possible Inc ($69k), Housing Preservation Corporation ($69k) and Community Apartments Corporation of Davidson County ($69k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 52% of the total. Other salaries and wages came to $960. At year end it held assets of $487k against liabilities of $15k, net assets of $473k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.