Housing & Shelter
(L410)
IRS Verified
DX Registered
990 on File
JERICHO PROJECT
Financial strength (30%)
89/100
Reliability (20%)
70/100
Effectiveness (25%)
93/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Mission Statement
Jericho Project was founded in 1983 to provide housing and holistic services to New York City’s most vulnerable homeless individuals and families. Its mission is to end homelessness at its roots by creating a community that inspires individual change, fosters sustainable independence, and motivates men and women to reach their greatest potential. Jericho owns and operates nearly 500 units of supportive housing, and also provides scatter-site housing, housing placement, homelessness prevention, and employment services to homeless and low- income individuals and families.
Financial Overview — FY 2024
$23.2M
Total Revenue
$23.1M
Total Expenses
$15.9M
Net Assets
178
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
84.0%
Fundraising Efficiency
N/A
Operating Reserve
8.23x
Liability-to-Asset
38.1%
Revenue Diversification
79.0%
Compared with Peers
FY 2024
Compared with 456 similar organizations
(United States, Housing & Shelter, $10M–$100M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
84.0% | 87.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
13.3% | 10.3% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.7% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
8.2 mo | 6.7 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
38.1% | 61.2% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
79.0% | 91.0% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
21.9% | 9.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
24.0% | 7.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
0.2% | 0.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $23.2M | $23.1M | $15.9M | 84.0% | 178 |
| 2023 | $19.0M | $18.7M | $15.8M | 82.6% | 181 |
| 2022 | $5.0M | $4.7M | $15.4M | 84.1% | 200 |
| 2021 | $17.6M | $15.5M | N/A | — | 215 |
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