Jcam Charitable Foundation Inc

Analysis

Jcam Charitable Foundation Inc is a registered charity in United States, based in Needham, MA. It received its IRS tax-exemption ruling in April 2006, 20 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, Jcam Charitable Foundation Inc reported income of $112k and spending of $140k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $186k to $112k (-40%), an average of -12% a year. The sharpest change came in the year to December 2021, when income dropped by 35%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jcam Charitable Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 46th percentile within MA. Charities of a similar size with the same main cause include Clover Foundation Inc ($112k), USA Parent to Parent ($112k) and Jarc Foundation ($112k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 12% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m. It reported 9 employees.