Jacob Jonas the Company Inc

Analysis

Jacob Jonas the Company Inc is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Jacob Jonas the Company Inc reported income of $865k and spending of $490k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $401k to $865k (+116%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 128%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jacob Jonas the Company Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Arts Foundation of Cape Cod ($865k), Eaa Warbirds of America Inc ($865k) and Slamdance Group ($865k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.9% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $71k (14% of expenses). Other salaries and wages came to $173k. At year end it held assets of $735k against liabilities of $13k, net assets of $722k. It reported 3 employees.