Irvington Uaw Housing Corp
Analysis
Irvington Uaw Housing Corp is a registered charity in United States, based in New Brunswick, NJ. It received its IRS tax-exemption ruling in April 1998, 28 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 September 2023, Irvington Uaw Housing Corp reported income of $2.5m and spending of $3.1m, spending 121% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.2m to $2.5m (+14%), an average of +3.2% 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, Irvington Uaw Housing Corp 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 89th percentile within NJ. Charities of a similar size with the same main cause include Rebuilding Together Montgomery County Inc ($2.5m), Causa Justa Just Cause ($2.5m) and Fello Housing LLC ($2.5m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 63% and program service revenue 33% of the total. Other salaries and wages came to $287k. At year end it held assets of $7.6m against liabilities of $1.6m, net assets of $5.9m. It reported 12 employees.
Income and spending
Where the income comes from
- Contributions & grants 63%
- Program services 33%
- Other 3.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rebuilding Together Montgomery County Inc | Gaithersburg | $2.5m |
| Causa Justa Just Cause | Oakland | $2.5m |
| Fello Housing LLC | Severn | $2.5m |
| Community Lenders Community Development Corporation | Souderton | $2.5m |