Five Star Jumpstart Academy Inc

Analysis

Five Star Jumpstart Academy Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Five Star Jumpstart Academy Inc reported income of $606k and spending of $552k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $377k to $606k (+61%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 86%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Five Star Jumpstart Academy Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within NM. Charities of a similar size with the same main cause include Ethiopian Community Services and Development Council Inc ($606k), Access Center for Independent Living ($606k) and Pulaski County Adoption Coalition ($606k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $88k (16% of expenses). Other salaries and wages came to $135k. At year end it held assets of $787k against liabilities of $19k, net assets of $768k. It reported 22 employees.