Justliving Communities Corp

Analysis

Justliving Communities Corp is a registered charity in United States, based in Lincoln, MA. It received its IRS tax-exemption ruling in November 2022, 4 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, Justliving Communities Corp reported income of $23.9m and spending of $41.5m, spending 173% of what it took in. Over the whole period it spent 173% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Justliving Communities Corp sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include Three Links Health Services ($23.9m), Clark Retirement Community Inc ($24.0m) and Covenant Living of Golden Valley ($23.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 97% of the total. Other salaries and wages came to $10.5m. At year end it held assets of $159.3m against liabilities of $202.7m, net assets of -$43.4m.