Jasons Dreams for Kids Inc

Analysis

Jasons Dreams for Kids Inc is a registered charity in United States, based in Red Bank, NJ. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Jasons Dreams for Kids Inc reported income of $103k and spending of $129k, spending 125% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $121k to $103k (-15%), an average of -4.0% a year. The sharpest change came in the year to September 2022, when income rose by 157%. Over the whole period it spent 133% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jasons Dreams for Kids Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 45th percentile within NJ. Charities of a similar size with the same main cause include Fenway Community Center at Viridian Inc ($103k), Payee Services & Solutions ($103k) and Building Hope in Haiti Inc ($103k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 121% of the total. Other salaries and wages came to $16k. At year end it held assets of $667k against liabilities of $0, net assets of $667k. It reported 2 employees.