Jane Addams Resource Corporation - Baltimore

Analysis

Jane Addams Resource Corporation - Baltimore is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover employment, 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 June 2023, Jane Addams Resource Corporation - Baltimore reported income of $1.4m and spending of $1.4m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $731k to $1.4m (+96%), an average of +18% a year. The sharpest change came in the year to June 2020, when income rose by 71%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Jane Addams Resource Corporation - Baltimore 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 82nd percentile within IL. Charities of a similar size with the same main cause include Development Fund of the Western Reserve Inc ($1.4m), Centro Por LA Justicia ($1.4m) and Community Economic Development Center of Southeastern Mass ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.6% of the total. Other salaries and wages came to $719k. At year end it held assets of $956k against liabilities of $555k, net assets of $401k. It reported 20 employees.