South Shore Village Leased Housing Corporation

Analysis

South Shore Village Leased Housing Corporation is a registered charity in United States, based in Bayonne, NJ. It received its IRS tax-exemption ruling in October 1995, 31 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 under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, South Shore Village Leased Housing Corporation reported income of $175k and spending of $10k, leaving 94% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $57k to $175k (+205%), an average of +32% a year. The sharpest change came in the year to August 2020, when income rose by 34860%. Over the whole period it spent 19% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, South Shore Village Leased Housing Corporation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 58th percentile within NJ. Charities of a similar size with the same main cause include Kea Au Housing Foundation Inc ($175k), Friendz Inc ($175k) and Bma Inc 12-12-94 ($175k).

At year end it held assets of $32.2m against liabilities of $1.3m, net assets of $30.8m.