Jpatible Inc

Analysis

Jpatible Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Jpatible Inc reported income of $154k and spending of $214k, spending 139% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $222k to $154k (-31%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 33%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jpatible Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Washington Regional Medical Center Auxiliary ($154k), Davidson County Mental Health and Veterans Court Assistance ($154k) and Aquamotion Ability Foundation ($154k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $96k (45% of expenses). Other salaries and wages came to $62k. At year end it held assets of $15k against liabilities of $11k, net assets of $4,137. It reported 2 employees.