Gainesville Jaycees Charities Inc

Analysis

Gainesville Jaycees Charities Inc is a registered charity in United States, based in Gainesville, GA. It received its IRS tax-exemption ruling in April 2001, 25 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gainesville Jaycees Charities Inc reported income of $88k and spending of $83k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $88k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Gainesville Jaycees Charities Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within GA. Charities of a similar size with the same main cause include West Point Community Foundation ($88k), Glen Ridge Community Fund ($88k) and California Nevada District Exchange Clubs Charitable Foundation Inc ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $9,599 against liabilities of $0, net assets of $9,599.