Jamyang Foundation

Analysis

Jamyang Foundation is a registered charity in United States, based in Waialua, HI. It received its IRS tax-exemption ruling in June 1990, 36 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jamyang Foundation reported income of $101k and spending of $70k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $101k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jamyang Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within HI. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($101k), Berea Arts Council Inc ($101k) and Little League Baseball Inc ($101k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $91k against liabilities of $0, net assets of $91k.