Jingled Elves Inc

Analysis

Jingled Elves Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Jingled Elves Inc reported income of $199k and spending of $188k, spending 95% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $106k to $199k (+87%), an average of +87% a year. The sharpest change came in the year to June 2024, when income rose by 87%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jingled Elves Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Harbert Employees Reaching Out Foundation ($199k), Greater Altoona Jewish Federation ($199k) and Wisconsin State Golf Associationfoundation Inc ($198k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 112% of the total. At year end it held assets of $49k against liabilities of $32k, net assets of $16k.