Jetblue Cares Crewmember Catastrophic Fund

Analysis

Jetblue Cares Crewmember Catastrophic Fund is a registered charity in United States, based in Long Island City, NY. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Jetblue Cares Crewmember Catastrophic Fund reported income of $810k and spending of $1.0m, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $810k (-30%), an average of -8.5% a year. The sharpest change came in the year to December 2021, when income dropped by 25%. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jetblue Cares Crewmember Catastrophic Fund 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 Dream City Foundation ($810k), Alianza Hispana-Hispanic Alliance ($810k) and Grace International Inc ($809k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $3.5m against liabilities of $85k, net assets of $3.4m.

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.