Jals Inc

Analysis

Jals Inc is a registered charity in United States, based in Middlefield, OH. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Jals Inc reported income of $213k and spending of $161k, leaving 25% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $267k to $213k (-20%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 39%. Over the whole period it spent 41% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Jals Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within OH. Charities of a similar size with the same main cause include Rayne Elderly Housing Corporation ($213k), Buckeye Village Inc ($213k) and Beloit Assisted Living Inc ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $72k. At year end it held assets of $378k against liabilities of $0, net assets of $378k.