Jonah Affordable Housing Organization

Analysis

Jonah Affordable Housing Organization is a registered charity in United States, based in Jackson, TN. It received its IRS tax-exemption ruling in June 1998, 28 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Jonah Affordable Housing Organization reported income of $687k and spending of $688k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $370k to $687k (+86%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 71%. 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, Jonah Affordable Housing Organization sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within TN. Charities of a similar size with the same main cause include Ahepa 245 Inc ($687k), Peninsula Housing Development Inc Xiv ($687k) and Osborne Apartments Inc ($686k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.4% and program service revenue 96% of the total. Other salaries and wages came to $83k. At year end it held assets of $2.0m against liabilities of $140k, net assets of $1.9m. It reported 5 employees.