Jones-Haywood Inc

Analysis

Jones-Haywood Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Jones-Haywood Inc reported income of $250k and spending of $286k, spending 114% of what it took in. Across the 2 years on record, from August 2021 to August 2023, income grew from $137k to $250k (+83%), an average of +83% a year. The sharpest change came in the year to August 2023, when income rose by 83%. Over the whole period it spent 123% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jones-Haywood Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 33rd percentile within DC. Charities of a similar size with the same main cause include Virginia Chamber Music Foundation ($249k), Merrick Theatre and Center for the Arts Inc ($250k) and Splash ($249k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $52k (18% of expenses). Other salaries and wages came to $55k. At year end it held assets of $54k against liabilities of $11k, net assets of $44k. It reported 1 employees.