Visiting Homemaker Service of Hudson Co

Analysis

Visiting Homemaker Service of Hudson Co is a registered charity in United States, based in Jersey City, NJ. It received its IRS tax-exemption ruling in January 1904, 122 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 December 2023, Visiting Homemaker Service of Hudson Co reported income of $1.4m and spending of $1.6m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.4m (-7.5%), an average of -1.9% a year. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Visiting Homemaker Service of Hudson Co sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within NJ. Charities of a similar size with the same main cause include Wood County Senior Citizens Association ($1.4m), Serve City ($1.4m) and Paradise Adolescent Homes Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.9% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $66k (4.0% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $381k against liabilities of $407k, net assets of -$26k. It reported 64 employees.