Jefferson Therapeutic Living Apartments

Analysis

Jefferson Therapeutic Living Apartments is a registered charity in United States, based in Wheat Ridge, CO. It received its IRS tax-exemption ruling in February 1992, 34 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Jefferson Therapeutic Living Apartments reported income of $90k and spending of $97k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $63k to $90k (+43%), an average of +9.4% a year. The sharpest change came in the year to June 2022, when income rose by 725%. Over the whole period it spent 142% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jefferson Therapeutic Living Apartments sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 30th percentile within CO. Charities of a similar size with the same main cause include Kirkwood Webster Junior Football League ($90k), Missoula Nordic Ski Club Inc ($90k) and PTA South Carolina Congress ($90k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $2,350. At year end it held assets of $110k against liabilities of $4,825, net assets of $106k.