Jay Johnston and Ralph Weiser Residential Centers Inc

Analysis

Jay Johnston and Ralph Weiser Residential Centers Inc is a registered charity in United States, based in Magnolia, AR. It received its IRS tax-exemption ruling in October 1985, 41 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 2024, Jay Johnston and Ralph Weiser Residential Centers Inc reported income of $211k and spending of $225k, spending 107% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $202k to $211k (+4.5%), an average of +1.1% a year. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Jay Johnston and Ralph Weiser Residential Centers Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within AR. Charities of a similar size with the same main cause include RVM Myrtle Creek II Housing Corporation ($211k), Central Ms Housing and Development Corp ($211k) and Asi Mobile Inc an Alabama Nonprofit Corporation ($211k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 60% and program service revenue 40% of the total. Other salaries and wages came to $50k. At year end it held assets of $408k against liabilities of $983k, net assets of -$576k. It reported 3 employees.