JSDD Foundation Inc

Analysis

JSDD Foundation Inc is a registered charity in United States, based in Livingston, NJ. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, JSDD Foundation Inc reported income of $245k and spending of $727k, spending 297% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.5m to $245k (-96%), an average of -56% a year. The sharpest change came in the year to June 2022, when income rose by 277%. Over the whole period it spent 20% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, JSDD Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 64th percentile within NJ. Charities of a similar size with the same main cause include Nest Academy Rva ($245k), Christmas Magic Inc ($245k) and The Heart Gallery of New Mexico Foundation ($245k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 43% of the total. Other salaries and wages came to $344k. At year end it held assets of $8.2m against liabilities of $373k, net assets of $7.8m.