Jasmin Services

Analysis

Jasmin Services is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Jasmin Services reported income of $410k and spending of $389k, spending 95% of its income. Across the 2 years on record, from December 2020 to December 2021, income grew from $325k to $410k (+26%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jasmin Services sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within ND. Charities of a similar size with the same main cause include The Fulton County Library Inc ($410k), Longwood Sports Booster Club Inc ($410k) and South Warren High School Boosters Inc ($410k).

On its Form 990 for the period ending December 2021, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $90k (23% of expenses). Other salaries and wages came to $155k. At year end it held assets of $115k against liabilities of $77k, net assets of $38k. It reported 17 employees.