Justice Housing Inc

Analysis

Justice Housing Inc is a registered charity in United States, based in Belmar, NJ. It received its IRS tax-exemption ruling in November 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Justice Housing Inc reported income of $2.1m and spending of $167k, leaving 92% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $4.2m to $2.1m (-51%), an average of -21% a year. The sharpest change came in the year to December 2023, when income rose by 1099%. Over the whole period it spent 6.9% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Justice Housing Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within NJ. Charities of a similar size with the same main cause include Mhany 1999 II Housing Development Fund Corp ($2.1m), Cumberland Gardens Housing Development Fund Company Inc ($2.1m) and Pontchartrain Housing Corp II ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 5.9% of the total. At year end it held assets of $7.6m against liabilities of $1.5m, net assets of $6.1m.