Jeremiah House Inc

Analysis

Jeremiah House Inc is a registered charity in United States, based in Chandler, OK. It received its IRS tax-exemption ruling in January 2021, 5 years ago. 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, Jeremiah House Inc reported income of $351k and spending of $279k, leaving 20% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $200k to $351k (+75%), an average of +32% a year. The sharpest change came in the year to December 2022, when income rose by 93%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jeremiah House Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within OK. Charities of a similar size with the same main cause include Pine County Historical Society ($351k), Rocky Mountain Welcome Center ($351k) and Shelby Oaks Housing Inc ($351k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.7% of the total. Compensation of current officers, directors and key employees was $77k (27% of expenses). Other salaries and wages came to $53k. At year end it held assets of $743k against liabilities of $383k, net assets of $360k. It reported 3 employees.