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Joint Learning Initiative on Faith and Local Communities

RegisteredEIN 81-0792145Washington, DCReligion
Income$946k2023-12
Spending$1.5msame year
Spent / received91%6-year average
Size in its cause91st pctReligion
Exempt since2016Publicly supported organisat
Employees4latest return

Analysis

Joint Learning Initiative on Faith and Local Communities is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Joint Learning Initiative on Faith and Local Communities reported income of $946k and spending of $1.5m, spending 154% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $514k to $946k (+84%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 425%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Joint Learning Initiative on Faith and Local Communities sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 54th percentile within DC. Charities of a similar size with the same main cause include Powerhouse Foundation ($946k), Michigan Roundtablefor Just Communities ($947k) and Youth with a Mission Idaho Boise Cascade Inc ($946k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $63k (4.4% of expenses). Other salaries and wages came to $253k. At year end it held assets of $795k against liabilities of $166k, net assets of $629k. It reported 4 employees.

Income and spending

$0$432k$863k$1.3m$1.7m2018 Income: $513,9232018 Spending: $477,85020182019 Income: $602,8452019 Spending: $565,04920192020 Income: $1,089,6172020 Spending: $610,02420202021 Income: $328,5832021 Spending: $767,31920212022 Income: $1,726,0002022 Spending: $868,57620222023 Income: $946,2962023 Spending: $1,456,9512023
IncomeSpending

Where the income comes from

  • Contributions & grants 40%
  • Program services 60%

Similar-sized charities, same cause

CharityLocationIncome
Powerhouse FoundationCrowley$946k
Michigan Roundtablefor Just CommunitiesDetroit$947k
Youth with a Mission Idaho Boise Cascade IncCascade$946k
The Oaks CollaborativeAuburn$947k