Ja Worldwide Inc

Analysis

Ja Worldwide Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Ja Worldwide Inc reported income of $26.2m and spending of $23.1m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.0m to $26.2m (+37%), an average of +8.3% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ja Worldwide Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include One Million Degrees ($26.2m), United States Space Foundation ($26.2m) and The Kings Academy ($26.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 9.3% of the total. Compensation of current officers, directors and key employees was $2.5m (11% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $20.5m against liabilities of $10.9m, net assets of $9.6m. It reported 20 employees.