North American Jat Charities Inc
Analysis
North American Jat Charities Inc is a registered charity in United States, based in Freehold, NJ. It received its IRS tax-exemption ruling in August 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. 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, North American Jat Charities Inc reported income of $258k and spending of $289k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $123k to $258k (+109%), an average of +109% a year. The sharpest change came in the year to December 2023, when income rose by 109%. Over the whole period it spent 118% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, North American Jat Charities Inc sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 65th percentile within NJ. Charities of a similar size with the same main cause include Palm Desert Middle School Band Boosters ($258k), Legacy Education Inc ($258k) and Associated Students of Whittier College Incorporated ($258k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $329k against liabilities of $0, net assets of $329k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Palm Desert Middle School Band Boosters | Palm Desert | $258k |
| Legacy Education Inc | Fresno | $258k |
| Associated Students of Whittier College Incorporated | Whittier | $258k |
| Global Business Success Foundation | Broken Arrow | $258k |