Jyothi Corp

Analysis

Jyothi Corp is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in October 2011, 15 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Jyothi Corp reported income of $278k and spending of $282k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $162k to $278k (+71%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 89%. Over the whole period it spent 107% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jyothi Corp 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 60th percentile, and in the 60th percentile within IN. Charities of a similar size with the same main cause include Arizona School Choice Administration Corporation ($278k), Live for Evan ($279k) and Bsu Ministry for Tomorrows Leaders Inc ($278k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.