Jacksonville Leased Housing Corporation

Analysis

Jacksonville Leased Housing Corporation is a registered charity in United States, based in Jacksonville, AL. It received its IRS tax-exemption ruling in February 1988, 38 years ago. 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 June 2023, Jacksonville Leased Housing Corporation reported income of $401k and spending of $357k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $372k to $401k (+7.8%), an average of +1.9% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jacksonville Leased Housing Corporation 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 67th percentile, and in the 69th percentile within AL. Charities of a similar size with the same main cause include Alabama Institute for Social Justice ($401k), Greater New Bedford Industrial Foundation Deltast ($401k) and Reachout Inc ($401k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 46% of the total. Other salaries and wages came to $162k. At year end it held assets of $730k against liabilities of $48k, net assets of $682k.