Community Jams Inc

Analysis

Community Jams Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 May 2024, Community Jams Inc reported income of $77k and spending of $66k, spending 86% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $68k to $77k (+13%), an average of +13% a year. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Community Jams Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within OR. Charities of a similar size with the same main cause include Aquatic Mammals ($77k), Volcano Theatre Company ($77k) and Music for Wellness Inc ($77k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.