Jazz and Classics for Change Inc

Analysis

Jazz and Classics for Change Inc is a registered charity in United States, based in Ghent, NY. It received its IRS tax-exemption ruling in September 2019, 7 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 (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 2024, Jazz and Classics for Change Inc reported income of $96k and spending of $79k, spending 83% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $68k to $96k (+42%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 55%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jazz and Classics for Change Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include American Institute of Knowledge Management Inc ($96k), Demolay International ($96k) and Loading Dock Arts Inc ($96k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.