Jetty Rock Foundation Inc

Analysis

Jetty Rock Foundation Inc is a registered charity in United States, based in Manahawkin, NJ. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 2023, Jetty Rock Foundation Inc reported income of $500k and spending of $474k, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $489k to $500k (+2.1%), an average of +0.7% a year. The sharpest change came in the year to December 2022, when income rose by 104%. Over the whole period it spent 109% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Jetty Rock Foundation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within NJ. Charities of a similar size with the same main cause include Fredenberg Volunteer Fire Department ($499k), Santa Barbara County Search and Rescue Inc ($500k) and Illinois Medical Emergency Response Team ($499k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% of the total. Other salaries and wages came to $151k. At year end it held assets of $269k against liabilities of $447k, net assets of -$177k. It reported 4 employees.