At Jacobs Well Inc

Analysis

At Jacobs Well Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in June 1986, 40 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, At Jacobs Well Inc reported income of $566k and spending of $559k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $670k to $566k (-15%), an average of -4.1% a year. The sharpest change came in the year to June 2020, when income dropped by 31%. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, At Jacobs Well Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within MD. Charities of a similar size with the same main cause include F O H Inc ($566k), Border Kindness ($567k) and Baldwin Acres Inc ($566k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $79k (14% of expenses). Other salaries and wages came to $102k. At year end it held assets of $959k against liabilities of $185k, net assets of $774k. It reported 4 employees.