First Avenue Group Home Inc
Analysis
First Avenue Group Home Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in November 1993, 33 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 May 2024, First Avenue Group Home Inc reported income of $61k and spending of $68k, spending 112% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income grew from $59k to $61k (+2.9%), an average of +2.9% a year. Over the whole period it spent 118% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, First Avenue Group Home Inc sits at the 13th percentile: it is larger than about 13% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within MS. Charities of a similar size with the same main cause include Lutheran Development Corporation at Napoleon Ohio Inc ($61k), Joshua House Inc ($61k) and Zion Housing Development Corp ($61k).
On its Form 990-EZ for the period ending May 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $185k against liabilities of $12k, net assets of $173k.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lutheran Development Corporation at Napoleon Ohio Inc | Toledo | $61k |
| Joshua House Inc | Tucson | $61k |
| Zion Housing Development Corp | Adell | $61k |
| Aclc Dewey Housing Inc | Stockton | $61k |