Business Jet Cares Inc

Analysis

Business Jet Cares Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in January 2018, 8 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, Business Jet Cares Inc reported income of $122k and spending of $122k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $104k to $122k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Business Jet Cares Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Women Investing in Security and Education ($122k), Community Agenda for Regained Empowerment ($122k) and Hope First Family Resource Center ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 156% of the total. At year end it held assets of $133k against liabilities of $133k, net assets of -$412.