Jeffex Inc

Analysis

Jeffex Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Jeffex Inc reported income of $8.2m and spending of $8.5m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.0m to $8.2m (+2.3%), an average of +0.6% a year. Over the whole period it spent 116% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jeffex Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Joak American Homes Inc ($8.2m), Calvary Fund Inc ($8.2m) and Coastal Community Health Services Inc ($8.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $4.8m against liabilities of $19.9m, net assets of -$15.1m.

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.