Jarc

Analysis

Jarc is a registered charity in United States, based in Bloomfld HLS, MI. It received its IRS tax-exemption ruling in December 1969, 57 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, Jarc reported income of $10.3m and spending of $9.7m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $11.0m to $10.3m (-6.4%), an average of -1.6% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jarc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include North Shore Child and Family Guidance Association Incorporated ($10.3m), Meals on Wheels by Acc ($10.3m) and Child Guidance Center Inc ($10.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 22% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $335k (3.4% of expenses). Other salaries and wages came to $6.1m. At year end it held assets of $6.1m against liabilities of $7.6m, net assets of -$1.6m. It reported 262 employees.