Eihab Human Services New Jersey Inc

Analysis

Eihab Human Services New Jersey Inc is a registered charity in United States, based in Jamaica, NY. It received its IRS tax-exemption ruling in May 2012, 14 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, Eihab Human Services New Jersey Inc reported income of $40.5m and spending of $34.8m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.9m to $40.5m (+104%), an average of +20% a year. The sharpest change came in the year to June 2020, when income rose by 41%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Eihab Human Services New Jersey Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include The Works Inc ($40.2m), Urban Pathways Inc ($40.6m) and National Foundation for Affordable Housing Solutions Inc ($39.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $455k (1.3% of expenses). Other salaries and wages came to $20.1m. At year end it held assets of $12.1m against liabilities of $4.0m, net assets of $8.1m. It reported 712 employees.