Allen House Inc

Analysis

Allen House Inc is a registered charity in United States, based in Neptune, NJ. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Allen House Inc reported income of $108k and spending of $172k, spending 159% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $119k to $108k (-8.7%), an average of -2.2% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 161% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Allen House Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 47th percentile within NJ. Charities of a similar size with the same main cause include Our Lady of Consolation Apartments Inc ($108k), Northern Valley Realty Inc ($108k) and MJF Housing No 2 Inc ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 53% of the total. Other salaries and wages came to $10k. At year end it held assets of $1.7m against liabilities of $56k, net assets of $1.6m.

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.