Fair Share Housing Center Inc

Analysis

Fair Share Housing Center Inc is a registered charity in United States, based in Cherry Hill, NJ. It received its IRS tax-exemption ruling in January 1977, 49 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, Fair Share Housing Center Inc reported income of $2.7m and spending of $2.2m, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.7m (+121%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 151%. Over the whole period it spent 74% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fair Share Housing Center Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within NJ. Charities of a similar size with the same main cause include Interfaith Community Housing of Delaware Inc ($2.7m), Veterans Place of Washington Boulevard Inc ($2.7m) and Peace Villa Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $140k (6.5% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $5.0m against liabilities of $293k, net assets of $4.7m. It reported 22 employees.