Jerreed Charities Foundation Inc

Analysis

Jerreed Charities Foundation Inc is a registered charity in United States, based in Hiram, GA. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Jerreed Charities Foundation Inc reported income of $178k and spending of $164k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $188k to $178k (-5.5%), an average of -5.5% a year. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jerreed Charities Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within GA. Charities of a similar size with the same main cause include Free Lunch Program ($178k), Floral Volunteer Fire Department Inc ($178k) and KDT Outreach Inc ($178k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.