Jumoke Community Based Care Incorporated

Analysis

Jumoke Community Based Care Incorporated is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in January 2020, 6 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, Jumoke Community Based Care Incorporated reported income of $3.1m and spending of $2.6m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $3.1m (+106%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 73%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jumoke Community Based Care Incorporated 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 88th percentile within MD. Charities of a similar size with the same main cause include Show-Me Christian Youth Home ($3.1m), The Parenting Center ($3.1m) and McDowell County Commission on Aging Inc ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $158k (6.1% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.1m against liabilities of $194k, net assets of $1.9m. It reported 75 employees.