Jannus Inc

Analysis

Jannus Inc is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in February 1975, 51 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 June 2023, Jannus Inc reported income of $31.1m and spending of $30.4m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.9m to $31.1m (+109%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 43%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jannus Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within ID. Charities of a similar size with the same main cause include Sunset Manor Inc ($31.1m), West Michigan Partnership for Children ($31.1m) and Community Healthcare of Texas ($31.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 8.0% of the total. Compensation of current officers, directors and key employees was $323k (1.1% of expenses). Other salaries and wages came to $7.7m. It paid $38k in professional fundraising fees. At year end it held assets of $13.2m against liabilities of $7.8m, net assets of $5.4m. It reported 240 employees.