Justfix Inc

Analysis

Justfix Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 2016, 10 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 December 2023, Justfix Inc reported income of $1.3m and spending of $1.5m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $1.3m (-20%), an average of -5.3% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Justfix Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Connections for Women ($1.3m), Shared Housing and Resource Exchange California ($1.3m) and Kauai Housing Development Corporation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $320k (22% of expenses). Other salaries and wages came to $608k. At year end it held assets of $583k against liabilities of $31k, net assets of $552k. It reported 13 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.