JC Enrichment Programs Inc

Analysis

JC Enrichment Programs Inc is a registered charity in United States, based in Bridgewater, MA. It received its IRS tax-exemption ruling in July 2004, 22 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, JC Enrichment Programs Inc reported income of $1.1m and spending of $969k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $1.1m (-30%), an average of -8.7% a year. The sharpest change came in the year to December 2021, when income rose by 686%. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, JC Enrichment Programs Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include A Latere Academy ($1.1m), PTA of PS 261k ($1.1m) and First Command Educational Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $250k (26% of expenses). Other salaries and wages came to $254k. At year end it held assets of $1.1m against liabilities of $457k, net assets of $624k. It reported 53 employees.