Isaiah House

Analysis

Isaiah House is a registered charity in United States, based in East Orange, NJ. It received its IRS tax-exemption ruling in May 1986, 40 years ago. 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 December 2023, Isaiah House reported income of $4.1m and spending of $4.2m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $4.1m (+10%), an average of +2.4% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Isaiah House sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NJ. Charities of a similar size with the same main cause include Wollaston Lutheran Church Apartments Inc ($4.1m), L a Works Inc ($4.1m) and St Francis House Inc ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $149k (3.6% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $4.0m against liabilities of $633k, net assets of $3.4m. It reported 62 employees.