JB Housing Group Inc

Analysis

JB Housing Group Inc is a registered charity in United States, based in Friendswood, TX. It received its IRS tax-exemption ruling in May 2019, 7 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, JB Housing Group Inc reported income of $396k and spending of $474k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $377k to $396k (+5.0%), an average of +5.0% a year. Over the whole period it spent 109% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, JB Housing Group Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include New Bern Older Adult Housing Incorported ($396k), Booth Manor Inc ($396k) and Mama TS Inc ($396k).

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 $105k (22% of expenses). Other salaries and wages came to $137k. At year end it held assets of $18k against liabilities of $70k, net assets of -$51k.