JHL Corporate Services Inc

Analysis

JHL Corporate Services Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, JHL Corporate Services Inc reported income of $17.6m and spending of $17.3m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $26.3m to $17.6m (-33%), an average of -9.6% a year. The sharpest change came in the year to December 2021, when income dropped by 29%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, JHL Corporate Services Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Community Investment Corp ($17.6m), Abes Garden ($17.6m) and Atlanta Neighborhood Development Partnership Inc ($17.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.8m (10% of expenses). Other salaries and wages came to $7.6m. At year end it held assets of $14.5m against liabilities of $13.2m, net assets of $1.3m. It reported 89 employees.