The Jonah Inheritance Inc

Analysis

The Jonah Inheritance Inc is a registered charity in United States, based in Penns Grove, NJ. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, The Jonah Inheritance Inc reported income of $251k and spending of $279k, spending 111% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $265k to $251k (-5.5%), an average of -2.8% a year. The sharpest change came in the year to December 2022, when income rose by 31%. Over the whole period it spent 94% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, The Jonah Inheritance Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 65th percentile within NJ. Charities of a similar size with the same main cause include Compassionate Franciscan Sisters of the Poor Inc ($251k), Slims Africa Inc ($251k) and Trust in Education ($251k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $10k (3.8% of expenses). Other salaries and wages came to $28k. At year end it held assets of $75k against liabilities of $0, net assets of $75k. It reported 2 employees.