Jackson Street Youth Shelter Inc
Analysis
Jackson Street Youth Shelter Inc is a registered charity in United States, based in Corvallis, OR. It received its IRS tax-exemption ruling in January 2000, 26 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Jackson Street Youth Shelter Inc reported income of $2.8m and spending of $2.6m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.8m (+78%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 82%. Over the whole period it spent 79% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Jackson Street Youth Shelter Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within OR. Charities of a similar size with the same main cause include Foundation for Norfolk Living ($2.8m), Housing Assistance Corporation ($2.8m) and Richmond Labor and Love Community Development Corporation ($2.8m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $99k (3.8% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $3.8m against liabilities of $467k, net assets of $3.3m. It reported 76 employees.
Income and spending
Where the income comes from
- Contributions & grants 83%
- Program services 17%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Foundation for Norfolk Living | Norfolk | $2.8m |
| Housing Assistance Corporation | Hendersonvlle | $2.8m |
| Richmond Labor and Love Community Development Corporation | Richmond | $2.8m |
| Valley Residential Services Inc | Herkimer | $2.8m |