The JPM Center at Miami Gardens Drive Inc

Analysis

The JPM Center at Miami Gardens Drive Inc is a registered charity in United States, based in Miami Gardens, FL. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The JPM Center at Miami Gardens Drive Inc reported income of $272k and spending of $434k, spending 160% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $188k to $272k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 158% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The JPM Center at Miami Gardens Drive Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include Pazar Inc ($272k), Yad Chaim Inc ($272k) and Child Advocacy Center of the Third Judical District ($272k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. At year end it held assets of $5.7m against liabilities of $5.7m, net assets of $40k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.