Jolet II Incorporated

Analysis

Jolet II Incorporated is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Jolet II Incorporated reported income of $568k and spending of $557k, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $490k to $568k (+16%), an average of +5.1% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jolet II Incorporated sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within MO. Charities of a similar size with the same main cause include Jambos Inc ($568k), The Savings Collaborative ($568k) and Coalition Against Rape & Domestic Violence of Callaway County ($568k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $96k (17% of expenses). Other salaries and wages came to $132k. At year end it held assets of $55k against liabilities of $55k, net assets of $0. It reported 19 employees.