J C C Fund

Analysis

J C C Fund is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1991, 35 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 March 2024, J C C Fund reported income of $723k and spending of $662k, spending 92% of its income. Across the 5 years on record, from March 2020 to March 2024, income fell from $1.0m to $723k (-28%), an average of -7.8% a year. The sharpest change came in the year to March 2024, when income rose by 64%. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, J C C Fund sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Trustees of Merrill Memorial Library ($723k), Early Learning Center Inc ($723k) and Association of Fundraising Professionals ($723k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 116% of the total. Compensation of current officers, directors and key employees was $30k (4.6% of expenses). Other salaries and wages came to $28k. At year end it held assets of $6.5m against liabilities of $65k, net assets of $6.4m. It reported 4 employees.