Jonas Philanthropies Inc

Analysis

Jonas Philanthropies Inc is a registered charity in United States, based in Oradell, NJ. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Jonas Philanthropies Inc reported income of $467k and spending of $559k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $467k (-62%), an average of -22% a year. The sharpest change came in the year to December 2021, when income rose by 200%. Over the whole period it spent 126% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jonas Philanthropies Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within NJ. Charities of a similar size with the same main cause include John L Brandegee Trust ($467k), Volunteers Inspiring & Encouraging Positive Attitude Resilience & Ser ($467k) and Boselli Foundation ($467k).

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 $46k against liabilities of $38k, net assets of $8,204.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.