Jafax Inc

Analysis

Jafax Inc is a registered charity in United States, based in Allendale, MI. It received its IRS tax-exemption ruling in November 2018, 8 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 September 2023, Jafax Inc reported income of $147k and spending of $161k, spending 110% of what it took in. Across the 3 years on record, from September 2019 to September 2023, income grew from $124k to $147k (+18%), an average of +8.7% a year. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jafax Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within MI. Charities of a similar size with the same main cause include Inscied Out Foundation ($147k), Society for the Preservation of Historic Oakwood ($147k) and Anchorage Chamber Music Festival ($147k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.