Just Economics

Analysis

Just Economics is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover community improvement and capacity building, 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 December 2023, Just Economics reported income of $258k and spending of $333k, spending 129% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $209k to $258k (+24%), an average of +7.4% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Just Economics sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NC. Charities of a similar size with the same main cause include Forever Elmwood Corporation ($258k), Community Happens Here Inc ($259k) and Elyria Community Partnership ($258k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $68k (21% of expenses). Other salaries and wages came to $162k. At year end it held assets of $64k against liabilities of $10k, net assets of $54k. It reported 6 employees.