Jannah Academy Inc

Analysis

Jannah Academy Inc is a registered charity in United States, based in Germantown, MD. It received its IRS tax-exemption ruling in July 2020, 6 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Jannah Academy Inc reported income of $68k and spending of $54k, leaving 20% of income unspent that year. Across the 6 years on record, from December 2018 to August 2024, income grew from $38k to $68k (+79%), an average of +12% a year. The sharpest change came in the year to August 2023, when income rose by 149%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jannah Academy Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within MD. Charities of a similar size with the same main cause include Lyric Band of Hanover ($68k), Dhvani Inc ($68k) and Kansas City Baroque Consortium ($68k).

On its Form 990 for the period ending August 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.