Sjc87 Initiative Inc

Analysis

Sjc87 Initiative Inc is a registered charity in United States, based in Olney, MD. It received its IRS tax-exemption ruling in October 2014, 12 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, Sjc87 Initiative Inc reported income of $96k and spending of $100k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $83k to $96k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sjc87 Initiative 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 36th percentile, and in the 37th percentile within MD. Charities of a similar size with the same main cause include Arlington Heights Memorial Library Foundation ($96k), Visitors Studies Association Inc ($96k) and Digital Cinema Society Inc ($96k).

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 $7,575 against liabilities of $0, net assets of $7,575.