Jackson Interfaith Nonprofit Housing Corporation

Analysis

Jackson Interfaith Nonprofit Housing Corporation is a registered charity in United States, based in Jackson, MI. It received its IRS tax-exemption ruling in June 1971, 55 years ago. 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, Jackson Interfaith Nonprofit Housing Corporation reported income of $1.1m and spending of $916k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $852k to $1.1m (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jackson Interfaith Nonprofit Housing Corporation sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MI. Charities of a similar size with the same main cause include Big Sur Health Center ($1.1m), Leadership Kentucky Foundation Inc ($1.1m) and Florida Veterans Foundation Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 18% of the total. At year end it held assets of $3.0m against liabilities of $114k, net assets of $2.9m.