National Jewelry Institute Inc

Analysis

National Jewelry Institute Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2003, 23 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 (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, National Jewelry Institute Inc reported income of $563k and spending of $492k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $563k (-48%), an average of -15% a year. The sharpest change came in the year to December 2022, when income rose by 200%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Jewelry Institute Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Chatham Baroque Inc ($563k), Willcox Theater and Arts Inc ($563k) and Tenants and Workers United Inquilinos Y Trabajadores Unidos ($563k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% of the total. At year end it held assets of $3,738 against liabilities of $323k, net assets of -$319k.