West Bergen Specialized Housing Inc

Analysis

West Bergen Specialized Housing Inc is a registered charity in United States, based in Ridgewood, NJ. It received its IRS tax-exemption ruling in March 2007, 19 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 June 2024, West Bergen Specialized Housing Inc reported income of $118k and spending of $198k, spending 168% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $112k to $118k (+5.4%), an average of +1.0% a year. Over the whole period it spent 181% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, West Bergen Specialized Housing Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 49th percentile within NJ. Charities of a similar size with the same main cause include Tiny Hope Village ($118k), Rapid City Supportive Housing Inc ($118k) and Geauga Faith Rescue Mission Inc ($118k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 39% and program service revenue 56% of the total. At year end it held assets of $2.4m against liabilities of $3.0m, net assets of -$631k.

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.