Jambos Inc

Analysis

Jambos Inc is a registered charity in United States, based in Buford, GA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Jambos Inc reported income of $568k and spending of $607k, spending 107% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $288k to $568k (+97%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jambos Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within GA. Charities of a similar size with the same main cause include Coalition Against Rape & Domestic Violence of Callaway County ($568k), Jolet II Incorporated ($568k) and Haiti Cultural Exchange ($568k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $83k (14% of expenses). Other salaries and wages came to $48k. At year end it held assets of $96k against liabilities of $676, net assets of $95k. It reported 3 employees.