Janzen House Inc

Analysis

Janzen House Inc is a registered charity in United States, based in Marquette, MI. It received its IRS tax-exemption ruling in June 1985, 41 years ago. 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, Janzen House Inc reported income of $373k and spending of $213k, leaving 43% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $131k to $373k (+185%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 104%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Janzen House Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MI. Charities of a similar size with the same main cause include Catamount Trail Association ($373k), Local 18 Joint Apprenticeship and Training Fund ($373k) and Abilene Chamber of Commerce Foundation ($372k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $57k (27% of expenses). Other salaries and wages came to $45k. At year end it held assets of $577k against liabilities of $3,739, net assets of $573k. It reported 7 employees.