James E L Moore Housing Inc

Analysis

James E L Moore Housing Inc is a registered charity in United States, based in Washington, NC. It received its IRS tax-exemption ruling in September 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, James E L Moore Housing Inc reported income of $335k and spending of $414k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $247k to $335k (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2020, when income rose by 16%. Over the whole period it spent 138% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, James E L Moore Housing Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within NC. Charities of a similar size with the same main cause include Springdale Housing Inc ($335k), Team 9 Home Care ($335k) and New Development Corporation ($334k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 39% of the total. At year end it held assets of $3.2m against liabilities of $4.6m, net assets of -$1.4m.

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.