Jomar of Zion Inc

Analysis

Jomar of Zion Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Jomar of Zion Inc reported income of $113k and spending of $150k, spending 132% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $109k to $113k (+4.2%), an average of +1.0% a year. The sharpest change came in the year to June 2024, when income rose by 19%. Over the whole period it spent 142% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Jomar of Zion Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within WI. Charities of a similar size with the same main cause include Benevolent Society ($113k), Social Ventures Foundation ($113k) and Rise Up Experience Inc ($113k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $453k against liabilities of $1.2m, net assets of -$769k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.