Jericho House Inc

Analysis

Jericho House Inc is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in August 1992, 34 years ago. 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, Jericho House Inc reported income of $111k and spending of $148k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $98k to $111k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 132% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jericho House Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within MI. Charities of a similar size with the same main cause include Mannington Food Pantry & Clothes Closet Inc ($111k), Womens Excellence 4 Life ($111k) and PTA California Congress of Parents Teachers & Students Inc ($111k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $26k. At year end it held assets of $550k against liabilities of $11k, net assets of $539k.

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.