Jounce Partners Inc

Analysis

Jounce Partners Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Jounce Partners Inc reported income of $2.1m and spending of $2.3m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $2.1m (+88%), an average of +17% a year. The sharpest change came in the year to June 2020, when income rose by 41%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Jounce Partners Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within PA. Charities of a similar size with the same main cause include New Vision Youth Services Inc ($2.1m), Science Club for Girls Inc ($2.1m) and University Christian Outreach ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.1% and program service revenue 95% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $297k against liabilities of $0, net assets of $297k. It reported 18 employees.