Evans Place Housing Inc

Analysis

Evans Place Housing Inc is a registered charity in United States, based in Pompton Plains, NJ. It received its IRS tax-exemption ruling in August 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 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 June 2023, Evans Place Housing Inc reported income of $143k and spending of $240k, spending 168% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $134k to $143k (+6.3%), an average of +2.1% a year. Over the whole period it spent 174% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Evans Place Housing Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 54th percentile within NJ. Charities of a similar size with the same main cause include Kalispell Senior Housing Inc ($143k), Idia Inc ($143k) and Love N Kindness Community Development Corporation ($143k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. At year end it held assets of $1.6m against liabilities of $2.6m, net assets of -$1.1m.

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.