Jewish Community Housing Corporation

Analysis

Jewish Community Housing Corporation is a registered charity in United States, based in Livingston, NJ. It received its IRS tax-exemption ruling in July 1984, 42 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Jewish Community Housing Corporation reported income of $12.0m and spending of $10.8m, spending 90% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $9.5m to $12.0m (+26%), an average of +4.7% a year. The sharpest change came in the year to December 2020, when income rose by 71%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jewish Community Housing Corporation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NJ. Charities of a similar size with the same main cause include Power Works Industries Inc ($12.0m), Family & Childrens Place Inc ($12.0m) and Jewish Community Center of Metropolitan Detroit ($12.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $720k (6.7% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $36.8m against liabilities of $26.4m, net assets of $10.4m. It reported 111 employees.