Jawonio Inc

Analysis

Jawonio Inc is a registered charity in United States, based in New City, NY. It received its IRS tax-exemption ruling in May 1949, 77 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Jawonio Inc reported income of $51.6m and spending of $51.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $48.5m to $51.6m (+6.5%), an average of +1.6% a year. The sharpest change came in the year to December 2022, when income rose by 24%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jawonio Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Cypress Cove at Healthpark Florida Inc ($51.6m), All for Kids Organization ($51.8m) and Emerge Inc ($51.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $571k (1.1% of expenses). Other salaries and wages came to $32.3m. At year end it held assets of $44.5m against liabilities of $31.6m, net assets of $12.9m. It reported 1,049 employees.