Jeremiahs Place

Analysis

Jeremiahs Place is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Jeremiahs Place reported income of $341k and spending of $245k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $207k to $341k (+65%), an average of +65% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jeremiahs Place sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within NM. Charities of a similar size with the same main cause include Geneva Childrens Center ($341k), Discovery Leadership ($341k) and Lambeth House Foundation ($341k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $91k (37% of expenses). Other salaries and wages came to $77k. At year end it held assets of $139k against liabilities of $0, net assets of $139k. It reported 4 employees.