Jookender Community Initiatives Inc

Analysis

Jookender Community Initiatives Inc is a registered charity in United States, based in Framingham, MA. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Jookender Community Initiatives Inc reported income of $289k and spending of $267k, spending 92% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $189k to $289k (+53%), an average of +53% a year. The sharpest change came in the year to June 2024, when income rose by 53%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jookender Community Initiatives Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within MA. Charities of a similar size with the same main cause include Governor Frank G Clement Railroad Hotel and Historical Museum ($289k), All the Worlds a Stage ($289k) and National Indo-American Museum ($289k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 64% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $62k (23% of expenses). At year end it held assets of $79k against liabilities of $6,372, net assets of $73k.