St Johns Housing Development Fund Corporation

Analysis

St Johns Housing Development Fund Corporation is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, St Johns Housing Development Fund Corporation reported income of $827k and spending of $1.2m, spending 148% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $869k to $827k (-4.8%), an average of -1.6% a year. Over the whole period it spent 131% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, St Johns Housing Development Fund Corporation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include New Beginnings Reentry Services Inc ($827k), Court Appointed Special Advocates of Cumberland Gloucester and Salem ($827k) and Oklahoma Lawyers for Children Inc ($827k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $107k. At year end it held assets of $4.8m against liabilities of $7.5m, net assets of -$2.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.