American Friends of Jacobs Ladder Inc

Analysis

American Friends of Jacobs Ladder Inc is a registered charity in United States, based in Far Rockaway, NY. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, American Friends of Jacobs Ladder Inc reported income of $166k and spending of $178k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $74k to $166k (+123%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 117% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Friends of Jacobs Ladder Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Ag & Hes Alumni Association Inc ($166k), Geneva Music Boosters Inc ($166k) and PTA California Congress of Parents Teachers & Students Inc ($166k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.