James Lenox House Inc

Analysis

James Lenox House Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1974, 52 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 March 2023, James Lenox House Inc reported income of $1.6m and spending of $1.6m, spending 99% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $1.6m to $1.6m (+6.3%), an average of +1.5% a year. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, James Lenox House Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Everlasting Pine Housing Development Fund Company Inc ($1.6m), Housing Association of Nonprofit Developers ($1.7m) and Independence Center of Ste Genevieve County LLC ($1.6m).

On its Form 990 for the period ending March 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $384k. At year end it held assets of $2.8m against liabilities of $2.6m, net assets of $201k. It reported 8 employees.