Jesse Klump Memorial Fund Inc

Analysis

Jesse Klump Memorial Fund Inc is a registered charity in United States, based in Berlin, MD. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Jesse Klump Memorial Fund Inc reported income of $90k and spending of $95k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $86k to $90k (+5.5%), an average of +5.5% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jesse Klump Memorial Fund Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within MD. Charities of a similar size with the same main cause include Children of Jacob Inc ($90k), Society of St Vincent de Paul of Waukesha County Inc ($90k) and Madison Food Center ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $175k against liabilities of $2,093, net assets of $173k.