Jumpstart Coalition for Personal Financial Literacy

Analysis

Jumpstart Coalition for Personal Financial Literacy is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in February 2001, 25 years ago. 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, Jumpstart Coalition for Personal Financial Literacy reported income of $52k and spending of $31k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $5,900 to $52k (+788%), an average of +788% a year. The sharpest change came in the year to December 2023, when income rose by 788%. Over the whole period it spent 57% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jumpstart Coalition for Personal Financial Literacy sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within LA. Charities of a similar size with the same main cause include Christian Services for Students ($52k), Sutherlin-Oakland Emergency Pantry ($52k) and National Scoliosis Foundation Inc ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $179k against liabilities of $0, net assets of $179k.