JLP Systems Inc

Analysis

JLP Systems Inc is a registered charity in United States, based in Kewanee, IL. It received its IRS tax-exemption ruling in April 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, JLP Systems Inc reported income of $549k and spending of $531k, spending 97% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $346k to $549k (+59%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, JLP Systems Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within IL. Charities of a similar size with the same main cause include St Augustine School Inc ($549k), David School Inc ($549k) and Gruver Farm Scholarship Foundation ($549k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 35% and program service revenue 65% of the total. Other salaries and wages came to $384k. At year end it held assets of $482k against liabilities of $434k, net assets of $48k. It reported 21 employees.