Justice for Housing Inc
Analysis
Justice for Housing Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in December 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 (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 for Housing Inc reported income of $1.9m and spending of $1.1m, leaving 41% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $403k to $1.9m (+384%), an average of +120% a year. The sharpest change came in the year to December 2023, when income rose by 275%. Over the whole period it spent 71% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Justice for 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 85th percentile within MA. Charities of a similar size with the same main cause include East Lake Community Development Inc ($1.9m), Habitat for Humanity International Inc ($2.0m) and Sunnybrook Estates ($1.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $457k (40% of expenses). At year end it held assets of $1.2m against liabilities of $267k, net assets of $940k. It reported 15 employees.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Program services 4.7%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| East Lake Community Development Inc | Birmingham | $1.9m |
| Habitat for Humanity International Inc | Charlottesvle | $2.0m |
| Sunnybrook Estates | Madison | $1.9m |
| Presbyterian Towers Inc | St Petersburg | $2.0m |