Gemach of Jackson Inc

Analysis

Gemach of Jackson Inc is a registered charity in United States, based in Jackson, NJ. It received its IRS tax-exemption ruling in December 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, Gemach of Jackson Inc reported income of $3.1m and spending of $3.0m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $3.1m (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2021, when income rose by 96%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gemach of Jackson Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NJ. Charities of a similar size with the same main cause include YWCA of San Diego County ($3.1m), Win Family Services Inc ($3.1m) and Christian Record Services Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $429k against liabilities of $30k, net assets of $400k.