Supportive Housing Association of NJ Inc

Analysis

Supportive Housing Association of NJ Inc is a registered charity in United States, based in South Orange, NJ. It received its IRS tax-exemption ruling in July 1998, 28 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, Supportive Housing Association of NJ Inc reported income of $350k and spending of $342k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $289k to $350k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Supportive Housing Association of NJ Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 70th percentile within NJ. Charities of a similar size with the same main cause include Oxford Senior Housing Inc ($350k), Hanna City Home Association ($350k) and 5812 Rescue ($350k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $65k (19% of expenses). Other salaries and wages came to $162k. At year end it held assets of $243k against liabilities of $39k, net assets of $204k. It reported 5 employees.