JTM Health Facilities Foundation Inc

Analysis

JTM Health Facilities Foundation Inc is a registered charity in United States, based in PRT Jefferson, NY. It received its IRS tax-exemption ruling in June 1985, 41 years ago. 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 December 2023, JTM Health Facilities Foundation Inc reported income of $2.1m and spending of $1.5m, leaving 26% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $853k to $2.1m (+141%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 576%. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, JTM Health Facilities Foundation Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Parent Information Center of Delaware Inc ($2.1m), San Francisco Opera Guild ($2.1m) and Transit System Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $107k. At year end it held assets of $9.3m against liabilities of $126k, net assets of $9.2m.