JFM No 4 Corp

Analysis

JFM No 4 Corp is a registered charity in United States, based in Auburn, ME. It received its IRS tax-exemption ruling in January 2011, 15 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 March 2024, JFM No 4 Corp reported income of $55k and spending of $58k, spending 105% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $50k to $55k (+12%), an average of +2.8% a year. The sharpest change came in the year to March 2021, when income rose by 15%. Over the whole period it spent 124% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, JFM No 4 Corp sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 15th percentile within ME. Charities of a similar size with the same main cause include Fairfield Suisun Rotary Club Foundation ($55k), Feed My Sheep International Inc ($55k) and Neighborly Hardship Fund Inc ($55k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 66% and program service revenue 34% of the total. At year end it held assets of $456k against liabilities of $24k, net assets of $432k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.