Journi

Analysis

Journi is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Journi reported income of $270k and spending of $370k, spending 137% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $275k to $270k (-1.7%), an average of -0.6% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Journi sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MI. Charities of a similar size with the same main cause include Talladega College Real Estate SC Inc ($270k), Foundation for Excellence Owensboro Independent Schools ($270k) and Milton School P T O ($270k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $100k (27% of expenses). Other salaries and wages came to $180k. At year end it held assets of $32k against liabilities of $0, net assets of $32k. It reported 1 employees.