J H P Inc

Analysis

J H P Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1989, 37 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2024, J H P Inc reported income of $2.8m and spending of $2.8m, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.4m to $2.8m (+15%), an average of +2.9% a year. The sharpest change came in the year to June 2020, when income rose by 34%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, J H P Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 72nd percentile within DC. Charities of a similar size with the same main cause include Dev Color ($2.8m), Hazelwood Initiative Inc ($2.8m) and Women Business Leaders of the U S Health Care Industry Foundation ($2.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $405k (14% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.0m against liabilities of $914k, net assets of $1.1m. It reported 34 employees.