JFH Management Company Inc

Analysis

JFH Management Company Inc is a registered charity in United States, based in Cherry Hill, NJ. It received its IRS tax-exemption ruling in June 1984, 42 years ago. 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 2023, JFH Management Company Inc reported income of $1.1m and spending of $1.4m, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.1m (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2022, when income rose by 397%. Over the whole period it spent 130% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, JFH Management Company Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within NJ. Charities of a similar size with the same main cause include Coffee House Press Inc ($1.1m), Boy Scouts of America ($1.1m) and People Coordinated Services of Southern California ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 98% of the total. Other salaries and wages came to $226k. At year end it held assets of $1.5m against liabilities of $4.7m, net assets of -$3.2m. It reported 7 employees.

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.