JSL Foundation

Analysis

JSL Foundation is a registered charity in United States, based in Southfield, MI. It received its IRS tax-exemption ruling in March 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, JSL Foundation reported income of $11.8m and spending of $6.6m, leaving 44% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $9.8m to $11.8m (+20%), an average of +4.6% a year. The sharpest change came in the year to May 2022, when income rose by 143%. Over the whole period it spent 50% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, JSL Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MI. Charities of a similar size with the same main cause include Special Mobility Services Inc ($11.8m), Stein Hospice Services Inc ($11.8m) and Acacia Creek a Masonic Senior Living Community at Union City ($11.8m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $39.8m against liabilities of $176k, net assets of $39.7m.