Jesup Senior Citizen Housing Inc

Analysis

Jesup Senior Citizen Housing Inc is a registered charity in United States, based in Independence, IA. It received its IRS tax-exemption ruling in December 1987, 39 years ago. 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, Jesup Senior Citizen Housing Inc reported income of $103k and spending of $92k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $105k to $103k (-1.6%), an average of -1.6% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jesup Senior Citizen Housing Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within IA. Charities of a similar size with the same main cause include Maha Lakshmi Mandir ($103k), Gods Grace Church Inc ($103k) and Schuyler County Historical Society ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $429k against liabilities of $34k, net assets of $395k.