Putnam Jasper Association for Mentally Handicapped Inc

Analysis

Putnam Jasper Association for Mentally Handicapped Inc is a registered charity in United States, based in Eatonton, GA. It received its IRS tax-exemption ruling in September 1976, 50 years ago. 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, Putnam Jasper Association for Mentally Handicapped Inc reported income of $1.2m and spending of $1.2m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $999k to $1.2m (+23%), an average of +5.2% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Putnam Jasper Association for Mentally Handicapped Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within GA. Charities of a similar size with the same main cause include Cme-Southside Villas Inc ($1.2m), Brown Fox Point Early Childhood Education Center Inc ($1.2m) and Operation Rebuild Hope ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $141k (12% of expenses). Other salaries and wages came to $703k. At year end it held assets of $193k against liabilities of $55k, net assets of $138k. It reported 33 employees.