JB Line Inc

Analysis

JB Line Inc is a registered charity in United States, based in Stoneham, MA. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, JB Line Inc reported income of $125k and spending of $117k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $466k to $125k (-73%), an average of -28% a year. The sharpest change came in the year to December 2020, when income dropped by 85%. Over the whole period it spent 57% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, JB Line Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 49th percentile within MA. Charities of a similar size with the same main cause include Ashrei Foundation ($125k), Friends Fighting Cancer Inc ($125k) and Ppym Inc ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 0.6% of the total. Other salaries and wages came to $59k. At year end it held assets of $378k against liabilities of $300, net assets of $378k. It reported 1 employees.