Friends of Jean Webster Inc

Analysis

Friends of Jean Webster Inc is a registered charity in United States, based in Atlantic City, NJ. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2024, Friends of Jean Webster Inc reported income of $292k and spending of $177k, leaving 39% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $154k to $292k (+89%), an average of +38% a year. The sharpest change came in the year to June 2024, when income rose by 82%. Over the whole period it spent 67% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Friends of Jean Webster Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 67th percentile within NJ. Charities of a similar size with the same main cause include Jerome G Little Manor Inc ($292k), New Beginnings for You ($292k) and Lewis Chapel Housing Inc ($292k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $34k. At year end it held assets of $636k against liabilities of $0, net assets of $636k. It reported 2 employees.