Monmouth Ucp Housing Inc

Analysis

Monmouth Ucp Housing Inc is a registered charity in United States, based in Ocean, NJ. It received its IRS tax-exemption ruling in October 1987, 39 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 June 2023, Monmouth Ucp Housing Inc reported income of $80k and spending of $78k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $71k to $80k (+13%), an average of +3.1% a year. The sharpest change came in the year to June 2020, when income rose by 19%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Monmouth Ucp Housing Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 38th percentile within NJ. Charities of a similar size with the same main cause include Crease Dyre Housing Development Corporation ($80k), Block Worship Center International Foundation ($80k) and Eagle Senior Citizens Inc ($80k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Other salaries and wages came to $3,570. At year end it held assets of $155k against liabilities of $208k, net assets of -$53k.