Serv Centers Housing Corporation Inc

Analysis

Serv Centers Housing Corporation Inc is a registered charity in United States, based in Ewing, NJ. It received its IRS tax-exemption ruling in August 1980, 46 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 2023, Serv Centers Housing Corporation Inc reported income of $264k and spending of $372k, spending 141% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $248k to $264k (+6.2%), an average of +1.5% a year. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Serv Centers Housing Corporation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 66th percentile within NJ. Charities of a similar size with the same main cause include One Roof Chicago ($264k), SNHS Elderly Housing V Inc ($264k) and Community First Lending ($264k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $6,244 (1.7% of expenses). At year end it held assets of $652k against liabilities of $941k, net assets of -$288k.