Long Hill Township Community Housing Development Corp

Analysis

Long Hill Township Community Housing Development Corp is a registered charity in United States, based in Stirling, NJ. It received its IRS tax-exemption ruling in October 1992, 34 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 December 2023, Long Hill Township Community Housing Development Corp reported income of $507k and spending of $385k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $510k to $507k (-0.7%), an average of -0.2% a year. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Long Hill Township Community Housing Development Corp sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within NJ. Charities of a similar size with the same main cause include Hall Commons Inc ($507k), Cornerstone Corporation ($507k) and 17th Avenue Redi ($507k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. Other salaries and wages came to $57k. At year end it held assets of $2.1m against liabilities of $369k, net assets of $1.7m. It reported 3 employees.