Jalu Foundation Inc

Analysis

Jalu Foundation Inc is a registered charity in United States, based in Soldier Grove, WI. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Jalu Foundation Inc reported income of $95k and spending of $196k, spending 206% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.5m to $95k (-94%), an average of -75% a year. The sharpest change came in the year to December 2022, when income dropped by 91%. Over the whole period it spent 23% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Jalu Foundation Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within WI. Charities of a similar size with the same main cause include House of Miracle Ministry of Florida ($95k), Broward League of the Evangelical Pastors Inc ($95k) and Good Shepherds Fellowship International ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 5.6% of the total. Compensation of current officers, directors and key employees was $37k (19% of expenses). At year end it held assets of $2.8m against liabilities of $1.4m, net assets of $1.4m.