Jones Senior Homes Inc

Analysis

Jones Senior Homes Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 1983, 43 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, Jones Senior Homes Inc reported income of $2.0m and spending of $1.1m, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.9m to $2.0m (+6.5%), an average of +6.5% a year. Over the whole period it spent 58% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Jones Senior Homes 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 87th percentile within CA. Charities of a similar size with the same main cause include Northwest Louisiana Community Development Corporation ($2.0m), Nosotros Housing Development Fund Corporation ($2.0m) and Lincoln Towers Housing Development Fund Corporation ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 92% of the total. Other salaries and wages came to $112k. At year end it held assets of $4.1m against liabilities of $355k, net assets of $3.7m.