Jain Center of Greater Boston

Analysis

Jain Center of Greater Boston is a registered charity in United States, based in Norwood, MA. It received its IRS tax-exemption ruling in May 1977, 49 years ago. 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 July 2024, Jain Center of Greater Boston reported income of $265k and spending of $114k, leaving 57% of income unspent that year. Across the 5 years on record, from July 2020 to July 2024, income grew from $185k to $265k (+43%), an average of +9.4% a year. The sharpest change came in the year to July 2023, when income rose by 41%. Over the whole period it spent 57% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jain Center of Greater Boston sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include Glen Rock Soccer Club ($265k), Habitat for Humanity International Inc ($265k) and PTA Texas Congress ($265k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 86% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.