Jewish Grandparents Network Inc

Analysis

Jewish Grandparents Network Inc is a registered charity in United States, based in Stevenson, MD. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Jewish Grandparents Network Inc reported income of $597k and spending of $605k, spending 101% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $209k to $597k (+186%), an average of +42% a year. The sharpest change came in the year to December 2022, when income rose by 82%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Jewish Grandparents Network Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MD. Charities of a similar size with the same main cause include Shuvu Banim Miami Inc ($597k), Project Latter Rain Ministries Corp ($597k) and New England Urban Church Planting ($596k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $145k (24% of expenses). Other salaries and wages came to $111k. At year end it held assets of $204k against liabilities of $13k, net assets of $191k. It reported 4 employees.