Jewett Ems Inc

Analysis

Jewett Ems Inc is a registered charity in United States, based in Jewett, TX. It received its IRS tax-exemption ruling in January 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jewett Ems Inc reported income of $1.5m and spending of $1.5m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.5m (+14%), an average of +3.4% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jewett Ems Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Antioch Christian Academy ($1.5m), The Scribe Video Center Inc ($1.5m) and Balletnova Center for Dance ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $76k (5.2% of expenses). Other salaries and wages came to $817k. At year end it held assets of $203k against liabilities of $315k, net assets of -$112k. It reported 35 employees.