Jackson Memorial Band Parents Inc

Analysis

Jackson Memorial Band Parents Inc is a registered charity in United States, based in Jackson, NJ. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Jackson Memorial Band Parents Inc reported income of $120k and spending of $105k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $228k to $120k (-47%), an average of -15% a year. The sharpest change came in the year to June 2022, when income rose by 307%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jackson Memorial Band Parents Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 49th percentile within NJ. Charities of a similar size with the same main cause include Ohr Nafsheinu Corp ($120k), The William Paterson University of New Jersey ($120k) and Friends of Barack Obama Male Leaderhip Academy ($120k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 67% of the total. At year end it held assets of $139k against liabilities of $0, net assets of $139k.