Job Haines Home For Aged People
Job Haines Home For Aged People consistently operates at a deficit, with expenses exceeding revenue in recent years.
EIN: 220972180 · Bloomfield, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $33.0M |
| Total Expenses | $18.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $42,420,545 |
| Net Assets | $33.7M |
| Transparency Score | 70/100 |
Is Job Haines Home For Aged People Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Job Haines Home For Aged People directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Job Haines Home For Aged People
Job Haines Home For Aged People (EIN: 220972180) is a nonprofit organization based in Bloomfield, NJ. The organization reported total revenue of $33.0M and total assets of $37.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Job Haines Home For Aged People's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Job Haines Home For Aged People is a large nonprofit that has been operating for 44 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.9M |
| Total Expenses | $18.6M |
| Surplus / Deficit | $-4,722,968 |
| Total Assets | $42.4M |
| Total Liabilities | $8.7M |
| Net Assets | $33.7M |
| Operating Margin | -34.0% |
| Debt-to-Asset Ratio | 20.5% |
| Months of Reserves | 27.3 months |
Financial Health Grade: B
In 2023, Job Haines Home For Aged People reported a deficit of $4.7M with expenses exceeding revenue, holds 27.3 months of operating reserves (strong position), has a debt-to-asset ratio of 20.5% (moderate leverage).
Financial Trends
Over 10 years of filings (2011–2023), Job Haines Home For Aged People's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.7% | +7.0% | -8.6% |
| 2022 | +8.6% | +7.3% | -15.2% |
| 2021 | +0.3% | +2.6% | -1.2% |
| 2020 | -6.8% | +14.4% | +3.7% |
| 2019 | +50.3% | +21.8% | +7.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Job Haines Home For Aged People with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Job Haines Home For Aged People allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 20.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size and asset base ($42,420,545 in 2023). This either indicates that executive compensation is not being reported in the 'Officer Comp' field or that executives are not compensated, which warrants further scrutiny for complete transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Job Haines Home For Aged People's IRS 990 filings:
- Consistent operational deficits (e.g., $4.7M in 2023)
- Declining asset base over recent years (from $54.6M in 2021 to $42.4M in 2023)
- Unusually low or unreported officer compensation (0% across all filings)
Strengths
The following positive indicators were identified for Job Haines Home For Aged People:
- Substantial asset base ($42,420,545 in 2023) providing financial cushion
- Long operating history with consistent filing of IRS 990s
Frequently Asked Questions about Job Haines Home For Aged People
Is Job Haines Home For Aged People a legitimate charity?
Based on AI analysis of IRS 990 filings, Job Haines Home For Aged People (EIN: 220972180) some concerns. Mission Score: 70/100. 3 red flags identified, 2 strengths noted.
How does Job Haines Home For Aged People spend its money?
Job Haines Home For Aged People directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Job Haines Home For Aged People tax-deductible?
Job Haines Home For Aged People is registered as a tax-exempt nonprofit (EIN: 220972180). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Job Haines Home For Aged People CEO make?
Job Haines Home For Aged People's highest-compensated officer earns $42,420,545 annually. The organization reported $33.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Job Haines Home For Aged People's spending goes to programs?
Job Haines Home For Aged People directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Job Haines Home For Aged People located?
Job Haines Home For Aged People is headquartered in Bloomfield, New Jersey and files with the IRS under EIN 220972180.
How many years of IRS 990 filings does Job Haines Home For Aged People have?
Job Haines Home For Aged People has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $33.0M in total revenue.
How does Job Haines Home For Aged People cover its consistent operational deficits?
The organization's consistent operational deficits, such as the $4.7 million shortfall in 2023, suggest it may be relying on its substantial asset base ($42,420,545 in 2023) or other non-operating income sources to sustain operations. Further investigation into investment income or endowment draws would be necessary.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with annual expenses exceeding $18 million. This could indicate that compensation for key executives is reported under different categories, or that the organization relies heavily on volunteer leadership, which would be exceptional for its scale.
What is the long-term strategy for addressing the declining asset trend?
The organization's assets have decreased from $54,689,602 in 2021 to $42,420,545 in 2023. This decline, coupled with operational deficits, raises questions about the long-term financial sustainability and the strategy to reverse this trend.
Filing History
IRS 990 filing history for Job Haines Home For Aged People showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Job Haines Home For Aged People's revenue has grown by 27.6%, moving from $10.9M to $13.9M. Total assets decreased by 19.7% over the same period, from $52.8M to $42.4M. Total functional expenses rose by 101%, from $9.3M to $18.6M. In its most recent filing year (2023), Job Haines Home For Aged People reported a deficit of $4.7M, with expenses exceeding revenue. The organization holds $8.7M in liabilities against $42.4M in assets (debt-to-asset ratio: 20.5%), resulting in net assets of $33.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13.9M | $18.6M | $42.4M | $8.7M | — | View 990 |
| 2022 | $15.2M | $17.4M | $46.4M | $8.8M | — | View 990 |
| 2021 | $14.0M | $16.2M | $54.7M | $9.0M | — | View 990 |
| 2020 | $14.0M | $15.8M | $55.4M | $10.1M | — | View 990 |
| 2019 | $15.0M | $13.8M | $53.4M | $9.7M | — | — |
| 2015 | $10.0M | $11.4M | $49.7M | $5.6M | — | View 990 |
| 2014 | $9.5M | $11.0M | $54.1M | $6.1M | — | View 990 |
| 2013 | $8.9M | $10.3M | $56.0M | $6.3M | — | View 990 |
| 2012 | $20.3M | $9.5M | $53.1M | $6.4M | — | View 990 |
| 2011 | $10.9M | $9.3M | $52.8M | $6.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.9M, expenses of $18.6M, and assets of $42.4M (revenue -8.7% year-over-year).
- 2022: Revenue of $15.2M, expenses of $17.4M, and assets of $46.4M (revenue +8.6% year-over-year).
- 2021: Revenue of $14.0M, expenses of $16.2M, and assets of $54.7M (revenue +0.3% year-over-year).
- 2020: Revenue of $14.0M, expenses of $15.8M, and assets of $55.4M (revenue -6.8% year-over-year).
- 2019: Revenue of $15.0M, expenses of $13.8M, and assets of $53.4M (revenue +50.3% year-over-year).
- 2015: Revenue of $10.0M, expenses of $11.4M, and assets of $49.7M (revenue +5.0% year-over-year).
- 2014: Revenue of $9.5M, expenses of $11.0M, and assets of $54.1M (revenue +6.9% year-over-year).
- 2013: Revenue of $8.9M, expenses of $10.3M, and assets of $56.0M (revenue -56.1% year-over-year).
- 2012: Revenue of $20.3M, expenses of $9.5M, and assets of $53.1M (revenue +86.1% year-over-year).
- 2011: Revenue of $10.9M, expenses of $9.3M, and assets of $52.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Job Haines Home For Aged People:
Data Sources and Methodology
This transparency report for Job Haines Home For Aged People is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.