Jeffco Housing Corporation

Analysis

Jeffco Housing Corporation is a registered charity in United States, based in Wheat Ridge, CO. It received its IRS tax-exemption ruling in July 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 December 2023, Jeffco Housing Corporation reported income of $1.8m and spending of $1.5m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.8m to $1.8m (-35%), an average of -10% a year. The sharpest change came in the year to December 2020, when income rose by 101%. Over the whole period it spent 40% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jeffco Housing Corporation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CO. Charities of a similar size with the same main cause include International Society of Hair Surgeons ($1.8m), Counterpoint Inc ($1.8m) and Columbus Marathon ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $41k. At year end it held assets of $8.5m against liabilities of $390k, net assets of $8.1m.