Jemfriends Inc

Analysis

Jemfriends Inc is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in April 2014, 12 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 January 2024, Jemfriends Inc reported income of $1.2m and spending of $878k, leaving 25% of income unspent that year. Across the 5 years on record, from January 2020 to January 2024, income grew from $221k to $1.2m (+430%), an average of +52% a year. The sharpest change came in the year to January 2023, when income rose by 89%. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jemfriends Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within ID. Charities of a similar size with the same main cause include Maine Federation of Farmers Markets ($1.2m), Warner Robins Day Care Center Inc ($1.2m) and YWCA of Watsonville ($1.2m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 65% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $42k (4.8% of expenses). Other salaries and wages came to $124k. At year end it held assets of $1.3m against liabilities of $77k, net assets of $1.2m. It reported 8 employees.