Houghton Jones Neighborhood Task Force Inc

Analysis

Houghton Jones Neighborhood Task Force Inc is a registered charity in United States, based in Saginaw, MI. It received its IRS tax-exemption ruling in August 1993, 33 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 September 2024, Houghton Jones Neighborhood Task Force Inc reported income of $296k and spending of $268k, spending 90% of its income. Across the 2 years on record, from September 2023 to September 2024, income grew from $151k to $296k (+96%), an average of +96% a year. The sharpest change came in the year to September 2024, when income rose by 96%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Houghton Jones Neighborhood Task Force Inc sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within MI. Charities of a similar size with the same main cause include Chris White Community Development Corporation ($296k), Open Employment Inc ($296k) and Tooley Community Development Group ($296k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $37k (14% of expenses). At year end it held assets of $96k against liabilities of $1,419, net assets of $94k. It reported 2 employees.