The Jonnycake Center Inc

Analysis

The Jonnycake Center Inc is a registered charity in United States, based in Peace Dale, RI. It received its IRS tax-exemption ruling in June 1978, 48 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 June 2023, The Jonnycake Center Inc reported income of $2.2m and spending of $2.2m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $3.0m to $2.2m (-26%), an average of -9.4% a year. The sharpest change came in the year to June 2023, when income dropped by 33%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Jonnycake Center Inc 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 The Whole Earth Montessori School ($2.2m), Gospel Missions of India ($2.2m) and Maine-Niles Association of Special Recreation ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $137k (6.2% of expenses). Other salaries and wages came to $506k. At year end it held assets of $6.4m against liabilities of $71k, net assets of $6.4m. It reported 28 employees.