Jubilee New Haven Inc

Analysis

Jubilee New Haven Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Jubilee New Haven Inc reported income of $82k and spending of $251k, spending 306% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $91k to $82k (-9.8%), an average of -9.8% a year. Over the whole period it spent 195% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Jubilee New Haven Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within CT. Charities of a similar size with the same main cause include To the Ends of the Earth Inc ($82k), Iglesia Piedra Angular Simi Valley ($82k) and Reisterstown Bible International Inc ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. At year end it held assets of $478k against liabilities of $400k, net assets of $78k.