Janet Jones Group Home Inc

Analysis

Janet Jones Group Home Inc is a registered charity in United States, based in Punta Gorda, FL. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2022, Janet Jones Group Home Inc reported income of $959k and spending of $874k, spending 91% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $868k to $959k (+10%), an average of +3.4% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Janet Jones Group Home Inc 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 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Upstate Circle of Friends ($959k), El Ranchito de Los Ninos Inc ($959k) and Sprout City Farms Inc ($958k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $531k. At year end it held assets of $440k against liabilities of $502k, net assets of -$62k. It reported 32 employees.