Jumpstart

Analysis

Jumpstart is a registered charity in United States, based in Spartanburg, SC. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 December 2023, Jumpstart reported income of $3.4m and spending of $1.7m, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $3.4m (+234%), an average of +35% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 57% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Jumpstart sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within SC. Charities of a similar size with the same main cause include Public Interest Legal Foundation Inc ($3.4m), Sam Inc ($3.4m) and New Memphis Institute ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $103k (6.2% of expenses). Other salaries and wages came to $411k. It paid $25k in professional fundraising fees. At year end it held assets of $5.2m against liabilities of $483k, net assets of $4.7m. It reported 18 employees.