Jambo Tanzania Inc

Analysis

Jambo Tanzania Inc is a registered charity in United States, based in Longmeadow, MA. It received its IRS tax-exemption ruling in June 2000, 26 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 2022, Jambo Tanzania Inc reported income of $2.4m and spending of $2.7m, spending 110% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $86k to $2.4m (+2690%), an average of +203% a year. The sharpest change came in the year to December 2021, when income rose by 392%. Over the whole period it spent 84% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Jambo Tanzania Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include Caravanserai Project ($2.4m), Alliance Israelite Universelle ($2.4m) and Junior Achievement USA ($2.4m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $52k. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.