Jain Senior Group Inc
Analysis
Jain Senior Group Inc is a registered charity in United States, based in Fresh Meadows, NY. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Jain Senior Group Inc reported income of $68k and spending of $67k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $68k (+12%), an average of +12% a year. Over the whole period it spent 100% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Jain Senior Group Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Timothy Stuen Ministries ($68k), Resurrection Cycles Inc ($68k) and Vidya Kutiram ($68k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.6% of the total. At year end it held assets of $12k against liabilities of $8,400, net assets of $4,065.
Income and spending
Where the income comes from
- Contributions & grants 8.6%
- Other 91%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Timothy Stuen Ministries | Rapid City | $68k |
| Resurrection Cycles Inc | Lancaster | $68k |
| Vidya Kutiram | Chicago | $68k |
| Blessings Source Ministry | Minneapolis | $68k |