Jiamini Inc

Analysis

Jiamini Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Jiamini Inc reported income of $69k and spending of $75k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $87k to $69k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jiamini Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Endless Opportunities ($69k), San Bernardino County Probation Department Peer Support Program ($69k) and Lawrence Foundation ($69k).

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 $79k against liabilities of $0, net assets of $79k.