Jeremiahs Crossing Inc

Analysis

Jeremiahs Crossing Inc is a registered charity in United States, based in Babcock, WI. It received its IRS tax-exemption ruling in July 2007, 19 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 December 2023, Jeremiahs Crossing Inc reported income of $222k and spending of $194k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $87k to $222k (+156%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 106%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jeremiahs Crossing Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within WI. Charities of a similar size with the same main cause include Paws and Think Inc ($222k), Broadway Industries Inc ($222k) and African-American Fund of New Jersey Inc ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $4,500 (2.3% of expenses). Other salaries and wages came to $8,353. At year end it held assets of $341k against liabilities of $32k, net assets of $309k. It reported 9 employees.