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Jsi Research & Training Institute Inc

RegisteredEIN 04-2679824Boston, MAOther charitable purposes
Income$326.0m2023-09
Spending$322.2msame year
Spent / received98%5-year average
Size in its cause100th pctOther charitable purposes
Exempt since1982Publicly supported organisat
Employees599latest return

Analysis

Jsi Research & Training Institute Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in June 1982, 44 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 September 2023, Jsi Research & Training Institute Inc reported income of $326.0m and spending of $322.2m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $242.4m to $326.0m (+35%), an average of +7.7% a year. The sharpest change came in the year to September 2022, when income rose by 34%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jsi Research & Training Institute Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within MA. Charities of a similar size with the same main cause include Educational Credit Management Corporation ($318.1m), Florida Hospital Physician Group Inc ($326.6m) and Abilene Christian University ($314.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Other salaries and wages came to $81.0m. At year end it held assets of $161.8m against liabilities of $91.9m, net assets of $69.9m. It reported 599 employees.

Income and spending

$0$81.5m$163.0m$244.5m$326.0m2019 Income: $242,356,0312019 Spending: $238,711,89020192020 Income: $193,414,8002020 Spending: $190,455,04420202021 Income: $183,304,3982021 Spending: $180,595,98620212022 Income: $246,456,4752022 Spending: $240,893,80920222023 Income: $326,024,3352023 Spending: $322,181,4642023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Program services 0.1%
  • Other 0.2%

Similar-sized charities, same cause

CharityLocationIncome
Educational Credit Management CorporationMinneapolis$318.1m
Florida Hospital Physician Group IncTampa$326.6m
Abilene Christian UniversityAbilene$314.8m
The Mental Health Association of New York City IncNew York$332.4m