Joseph R R Moore Housing Inc

Analysis

Joseph R R Moore Housing Inc is a registered charity in United States, based in Washington, NC. It received its IRS tax-exemption ruling in May 2014, 12 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, Joseph R R Moore Housing Inc reported income of $420k and spending of $481k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $311k to $420k (+35%), an average of +7.8% a year. Over the whole period it spent 130% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Joseph R R Moore Housing Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include Chicago Ballet Arts ($419k), Room at the Inn ($420k) and Ili Senior Housing-Chapel Valley Road Inc ($419k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. At year end it held assets of $3.8m against liabilities of $5.4m, net assets of -$1.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.