John Jay College Foundation Inc

Analysis

John Jay College Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, John Jay College Foundation Inc reported income of $6.8m and spending of $6.5m, spending 96% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.0m to $6.8m (+124%), an average of +18% a year. The sharpest change came in the year to June 2020, when income rose by 67%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, John Jay College Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Community Violence Intervention Center Inc ($6.7m), Building Better Communities Foundation ($6.8m) and Tarpon Springs Shepherd Center Inc ($6.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $30.2m against liabilities of $1.1m, net assets of $29.0m. It reported 5 employees.