Jam Hour Alumni US Incorporated

Analysis

Jam Hour Alumni US Incorporated is a registered charity in United States, based in Holmdel, NJ. It received its IRS tax-exemption ruling in May 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Jam Hour Alumni US Incorporated reported income of $362k and spending of $357k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $663k to $362k (-45%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 154%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jam Hour Alumni US Incorporated sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 71st percentile within NJ. Charities of a similar size with the same main cause include Kdo Academy ($362k), Bay Area Montessori House Inc ($362k) and River Bluff Band Boosters ($362k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $155k against liabilities of $0, net assets of $155k.