John Jay College

Analysis

John Jay College is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1972, 54 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, John Jay College reported income of $3.6m and spending of $5.1m, spending 142% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.0m to $3.6m (-12%), an average of -3.0% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, John Jay College sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Live Oak Charter School ($3.6m), Mindset Charter Schools Inc ($3.6m) and Chesterton Academy ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $186k (3.7% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.9m against liabilities of $897k, net assets of $2.0m. It reported 242 employees.