Shalom Housing Development Inc

Analysis

Shalom Housing Development Inc is a registered charity in United States, based in Pleasantville, NJ. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Shalom Housing Development Inc reported income of $79k and spending of $103k, spending 131% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $84k to $79k (-6.0%), an average of -1.2% a year. The sharpest change came in the year to June 2024, when income rose by 89%. Over the whole period it spent 80% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Shalom Housing Development Inc 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 31st percentile, and in the 38th percentile within NJ. Charities of a similar size with the same main cause include Joyce a and James R Reed Charitable Trust Inc ($79k), 18 W Read St Inc ($79k) and Asi Golden Valley Inc ($79k).

At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.