Housing Assistance Corporation of Jasper Alabama

Analysis

Housing Assistance Corporation of Jasper Alabama is a registered charity in United States, based in Jasper, AL. It received its IRS tax-exemption ruling in January 1989, 37 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 June 2023, Housing Assistance Corporation of Jasper Alabama reported income of $285k and spending of $269k, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $289k to $285k (-1.4%), an average of -0.4% a year. Over the whole period it spent 126% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Assistance Corporation of Jasper Alabama sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within AL. Charities of a similar size with the same main cause include City Light Ministry ($285k), Village at Northgate Housing Inc ($285k) and Gloucester United Emergency Shelter Team ($285k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. At year end it held assets of $294k against liabilities of $18k, net assets of $276k.