Jubilee USA Network Inc

Analysis

Jubilee USA Network Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Jubilee USA Network Inc reported income of $1.0m and spending of $1.1m, spending 105% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $340k to $1.0m (+200%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 160%. Over the whole period it spent 78% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Jubilee USA Network Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 55th percentile within DC. Charities of a similar size with the same main cause include Bliss & Wisdom Charitable Organization ($1.0m), Nufdi Fund Inc ($1.0m) and A Spring of Hope Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $171k (16% of expenses). Other salaries and wages came to $253k. At year end it held assets of $1.5m against liabilities of $321k, net assets of $1.2m. It reported 4 employees.