The Jain Sangh Inc

Analysis

The Jain Sangh Inc is a registered charity in United States, based in Pennsauken, NJ. It received its IRS tax-exemption ruling in October 1987, 39 years ago. 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, The Jain Sangh Inc reported income of $320k and spending of $223k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $207k to $320k (+55%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 137%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Jain Sangh Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 69th percentile within NJ. Charities of a similar size with the same main cause include Newark Area Welfare Committee Inc ($320k), Center for Advancing Women in Technology ($320k) and Arc Foundation of Saratoga County Inc ($320k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m.