JBF Projects

Analysis

JBF Projects is a registered charity in United States, based in Spencer, OH. It received its IRS tax-exemption ruling in August 1993, 33 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, JBF Projects reported income of $191k and spending of $232k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $193k to $191k (-0.8%), an average of -0.2% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, JBF Projects sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within OH. Charities of a similar size with the same main cause include Transact Hope ($191k), Independent Housing Advocates Pecan Valley Inc ($191k) and Blue River Churubusco Inc ($191k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $17k. At year end it held assets of $761k against liabilities of $734k, net assets of $27k. It reported 2 employees.