Jmh-Anaheim Foundation Inc

Analysis

Jmh-Anaheim Foundation Inc is a registered charity in United States, based in Anaheim, CA. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 December 2023, Jmh-Anaheim Foundation Inc reported income of $1.4m and spending of $1.4m, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $351k to $1.4m (+301%), an average of +59% a year. The sharpest change came in the year to December 2021, when income rose by 110%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Jmh-Anaheim Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Corporacion Para El Financiamiento Empresarial Del Comercio Y de Las ($1.4m), Oakland & the World Enterprises Inc ($1.4m) and 47th Street Business Improvement District Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 49% of the total. Other salaries and wages came to $368k. At year end it held assets of $489k against liabilities of $251k, net assets of $238k. It reported 20 employees.