Advance Housing DNM Inc

Analysis

Advance Housing DNM Inc is a registered charity in United States, based in Paramus, NJ. It received its IRS tax-exemption ruling in April 2006, 20 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, Advance Housing DNM Inc reported income of $52k and spending of $56k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $52k to $52k (-0.2%), an average of -0.1% a year. The sharpest change came in the year to December 2022, when income rose by 344%. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Advance Housing DNM Inc sits at the 12th percentile: it is larger than about 12% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 27th percentile within NJ. Charities of a similar size with the same main cause include Family Help Inc ($52k), Senior Center Board Coalition of St Croix County ($52k) and Rssi Charon Chase Condos Inc ($52k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 41% of the total. At year end it held assets of $655k against liabilities of $54k, net assets of $601k.