Jqy Inc

Analysis

Jqy Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Jqy Inc reported income of $2.0m and spending of $1.6m, leaving 22% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $252k to $2.0m (+706%), an average of +52% a year. The sharpest change came in the year to December 2021, when income rose by 240%. Over the whole period it spent 63% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jqy Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include New Braunfels Christian Ministries ($2.0m), Rape Crisis Center Inc ($2.0m) and Amethyst House Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $142k (9.0% of expenses). Other salaries and wages came to $483k. At year end it held assets of $2.3m against liabilities of $72k, net assets of $2.2m. It reported 8 employees.