Westown Jubilee Housing

Analysis

Westown Jubilee Housing is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in August 1993, 33 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 December 2023, Westown Jubilee Housing reported income of $277k and spending of $280k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $254k to $277k (+8.8%), an average of +2.1% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Westown Jubilee Housing sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MI. Charities of a similar size with the same main cause include Patrick Manor Inc ($277k), MBCDC the Jefferson Corporation ($277k) and Bethesda Foundation of Willmar ($277k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $67k (24% of expenses). Other salaries and wages came to $63k. At year end it held assets of $792k against liabilities of $274k, net assets of $518k. It reported 3 employees.