Jolly Baby Center

Analysis

Jolly Baby Center is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 2017, 9 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, Jolly Baby Center reported income of $4.9m and spending of $4.2m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $433k to $4.9m (+1025%), an average of +83% a year. The sharpest change came in the year to December 2020, when income rose by 198%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jolly Baby Center sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Living Independently for the Elderly Inc ($4.9m), The Orphanetwork ($4.9m) and Everyone Cooperating to Help Others Inc ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $87k (2.1% of expenses). Other salaries and wages came to $904k. At year end it held assets of $2.5m against liabilities of $1.0m, net assets of $1.5m. It reported 69 employees.