Jane Place Neighborhood Sustainability Initiative

Analysis

Jane Place Neighborhood Sustainability Initiative is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in August 2013, 13 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Jane Place Neighborhood Sustainability Initiative reported income of $581k and spending of $607k, spending 104% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $253k to $581k (+130%), an average of +32% a year. The sharpest change came in the year to December 2020, when income rose by 300%. Over the whole period it spent 69% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Jane Place Neighborhood Sustainability Initiative sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within LA. Charities of a similar size with the same main cause include Kingdom Community Development Corporation ($581k), Gratiot Woods Non-Profit Housing Corp ($581k) and Victory Gardens Inc ($580k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 91% and program service revenue 12% of the total. Other salaries and wages came to $228k. At year end it held assets of $2.7m against liabilities of $1.2m, net assets of $1.5m. It reported 7 employees.