Jain Society of North Texas

Analysis

Jain Society of North Texas is a registered charity in United States, based in Richardson, TX. It received its IRS tax-exemption ruling in February 1984, 42 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 2022, Jain Society of North Texas reported income of $316k and spending of $157k, leaving 50% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $414k to $316k (-24%), an average of -8.6% a year. The sharpest change came in the year to December 2020, when income rose by 393%. Over the whole period it spent 19% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jain Society of North Texas sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include National Indian Child Care Association ($316k), Indiana Blind Childrens Foundation Inc ($316k) and Horsin Around Camp Inc ($316k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 43% and program service revenue 49% of the total. At year end it held assets of $6.6m against liabilities of $709k, net assets of $5.9m.