Sierra House

Analysis

Sierra House is a registered charity in United States, based in East Orange, NJ. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Sierra House reported income of $1.2m and spending of $1.0m, spending 84% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $806k to $1.2m (+49%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 64%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sierra House sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within NJ. Charities of a similar size with the same main cause include Jefferson Child Care & Education Center ($1.2m), North Star Family Services Inc ($1.2m) and Mission Central Metroplex Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $86k (8.6% of expenses). At year end it held assets of $2.0m against liabilities of $713k, net assets of $1.2m. It reported 10 employees.