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Jesus House of Hope Inc

RegisteredEIN 59-2422998Stuart, FLPoverty relief
Income$8.9m2023-09
Spending$7.9msame year
Spent / received92%5-year average
Size in its cause94th pctPoverty relief
Exempt since1984Publicly supported organisat
Employees71latest return

Analysis

Jesus House of Hope Inc is a registered charity in United States, based in Stuart, FL. It received its IRS tax-exemption ruling in September 1984, 42 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Jesus House of Hope Inc reported income of $8.9m and spending of $7.9m, spending 89% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.6m to $8.9m (+60%), an average of +12% a year. The sharpest change came in the year to September 2021, when income rose by 51%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jesus House of Hope Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Abbott House Inc ($8.9m), Lifeworks Community Action Inc ($8.9m) and Catholic Charities of Central Florida Inc ($8.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $161k (2.0% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $7.0m against liabilities of $1.1m, net assets of $5.9m. It reported 71 employees.

Income and spending

$0$2.8m$5.6m$8.4m$11.2m2019 Income: $5,557,9142019 Spending: $5,661,13520192020 Income: $7,432,2852020 Spending: $7,029,73120202021 Income: $11,224,2882021 Spending: $9,898,08420212022 Income: $8,126,4862022 Spending: $7,459,72720222023 Income: $8,888,0082023 Spending: $7,872,5112023
IncomeSpending

Where the income comes from

  • Contributions & grants 94%
  • Other 6.3%

Similar-sized charities, same cause

CharityLocationIncome
Abbott House IncMitchell$8.9m
Lifeworks Community Action IncBallston Spa$8.9m
Catholic Charities of Central Florida IncOrlando$8.9m
Lawrence County Association for Responsible CareNew Castle$8.9m