Jonnycake Center of Westerly

Analysis

Jonnycake Center of Westerly is a registered charity in United States, based in Westerly, RI. It received its IRS tax-exemption ruling in October 1979, 47 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2023, Jonnycake Center of Westerly reported income of $2.3m and spending of $2.1m, spending 90% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.9m to $2.3m (+23%), an average of +7.0% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jonnycake Center of Westerly sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 83rd percentile within RI. Charities of a similar size with the same main cause include Charles Henderson TR No 3 Uw ($2.3m), Lourdes Foundation Inc ($2.3m) and Durham Center for Senior Life ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $82k (3.9% of expenses). Other salaries and wages came to $917k. At year end it held assets of $4.3m against liabilities of $824k, net assets of $3.5m. It reported 57 employees.