Washington and Jane Smith Home

Analysis

Washington and Jane Smith Home is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2000, 26 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 June 2024, Washington and Jane Smith Home reported income of $16.4m and spending of $11.3m, leaving 31% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $10.6m to $16.4m (+55%), an average of +12% a year. The sharpest change came in the year to June 2024, when income rose by 17%. Over the whole period it spent 87% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Washington and Jane Smith Home 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 96th percentile within IL. Charities of a similar size with the same main cause include Central Arizona Shelter Services Inc ($16.4m), American Indian Community Development Corporation ($16.4m) and The San Francisco Housing Accelerator Fund ($16.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.8% and program service revenue 66% of the total. Other salaries and wages came to $8.1m. At year end it held assets of $55.9m against liabilities of $1.7m, net assets of $54.2m. It reported 164 employees.