Jericho Homestead Incorporation

Analysis

Jericho Homestead Incorporation is a registered charity in United States, based in Matawan, NJ. It received its IRS tax-exemption ruling in June 2017, 9 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, Jericho Homestead Incorporation reported income of $148k and spending of $145k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $189k to $148k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Jericho Homestead Incorporation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 54th percentile within NJ. Charities of a similar size with the same main cause include Barracks Project Inc ($148k), Small Property Owners of San Francisco Institute ($148k) and St Edmunds Redevelopment Corp ($147k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.