JDC Corporation

Analysis

JDC Corporation is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, JDC Corporation reported income of $65k and spending of $84k, spending 130% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $52k to $65k (+24%), an average of +5.5% a year. Over the whole period it spent 139% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, JDC Corporation sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within RI. Charities of a similar size with the same main cause include YWCA of Kalamazoo Non Profit Housing Corporation ($65k), WHFH III Inc ($65k) and Robstown Housing Facility Corporation ($65k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $357k against liabilities of $59k, net assets of $297k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.