Grand Junction Housing Corporation

Analysis

Grand Junction Housing Corporation is a registered charity in United States, based in Grand JCT, IA. It received its IRS tax-exemption ruling in January 1982, 44 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, Grand Junction Housing Corporation reported income of $82k and spending of $80k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $81k to $82k (+1.7%), an average of +1.7% a year. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Grand Junction Housing Corporation sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within IA. Charities of a similar size with the same main cause include Addison Court Housing Cooperative Inc ($82k), Kingman Housing Inc ($82k) and Maxcen Housing Society Inc Georgia Branch ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $67k against liabilities of $16k, net assets of $50k.