Region 9 Uaw Housing Corporation

Analysis

Region 9 Uaw Housing Corporation is a registered charity in United States, based in New Brunswick, NJ. It received its IRS tax-exemption ruling in June 1974, 52 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 September 2023, Region 9 Uaw Housing Corporation reported income of $7.2m and spending of $4.5m, leaving 38% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.3m to $7.2m (+66%), an average of +14% a year. The sharpest change came in the year to September 2021, when income rose by 57%. Over the whole period it spent 80% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Region 9 Uaw Housing Corporation 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 94th percentile, and in the 95th percentile within NJ. Charities of a similar size with the same main cause include Garden Spot Village of Akron ($7.2m), Housing Choices Coalition for Persons with Developmental Disabil ($7.2m) and Lodge of Northbrook Inc ($7.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 37% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $1.2m (26% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $41.2m against liabilities of $913k, net assets of $40.3m. It reported 43 employees.