Jazz Generation Inc

Analysis

Jazz Generation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2020, 6 years ago. 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 June 2023, Jazz Generation Inc reported income of $528k and spending of $523k, spending 99% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $334k to $528k (+58%), an average of +26% a year. The sharpest change came in the year to June 2023, when income rose by 101%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jazz Generation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Religious Family History Corp ($528k), Stockdale High Mustang Posse Association ($528k) and Economic Justice Fund ($528k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $126k. At year end it held assets of $24k against liabilities of $3,752, net assets of $20k. It reported 4 employees.