Making It Possible to End Homelessness Inc

Analysis

Making It Possible to End Homelessness Inc is a registered charity in United States, based in Edison, NJ. It received its IRS tax-exemption ruling in February 1989, 37 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, Making It Possible to End Homelessness Inc reported income of $1.0m and spending of $1.0m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $620k to $1.0m (+63%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 173%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Making It Possible to End Homelessness Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within NJ. Charities of a similar size with the same main cause include Rhe Properties Inc ($1.0m), P Ear ($1.0m) and Chestnut Hill Housing Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.0% and program service revenue 67% of the total. Other salaries and wages came to $209k. At year end it held assets of $6.3m against liabilities of $4.9m, net assets of $1.5m.