Hudson County Housing Resource Center Inc

Analysis

Hudson County Housing Resource Center Inc is a registered charity in United States, based in Jersey City, NJ. It received its IRS tax-exemption ruling in May 1991, 35 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 December 2023, Hudson County Housing Resource Center Inc reported income of $1.1m and spending of $789k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $958k to $1.1m (+11%), an average of +2.7% a year. Over the whole period it spent 83% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hudson County Housing Resource Center Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within NJ. Charities of a similar size with the same main cause include Casa Familia Inc ($1.1m), Deerfield Commons Inc ($1.1m) and Artists Hub on Market ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.5% of the total. Other salaries and wages came to $106k. At year end it held assets of $2.1m against liabilities of $48k, net assets of $2.0m. It reported 2 employees.