Out of a Jam Inc

Analysis

Out of a Jam Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in August 2016, 10 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, Out of a Jam Inc reported income of $711k and spending of $365k, leaving 49% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $305k to $711k (+133%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 109%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Out of a Jam Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IN. Charities of a similar size with the same main cause include Nettles Academy ($711k), Rainbow House Domestic Abuse Service Inc ($711k) and Capital City Pride Des Moines ($711k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $77k (21% of expenses). Other salaries and wages came to $97k. At year end it held assets of $517k against liabilities of $82k, net assets of $436k. It reported 14 employees.