Jpma Cares Inc

Analysis

Jpma Cares Inc is a registered charity in United States, based in Mount Laurel, NJ. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Jpma Cares Inc reported income of $386k and spending of $327k, spending 85% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $252k to $386k (+53%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 71% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jpma Cares Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 72nd percentile within NJ. Charities of a similar size with the same main cause include Cacna1a Foundation Inc ($386k), Medical Staff of Evergreen Hospital Medical Center ($386k) and Project Koru ($386k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. At year end it held assets of $469k against liabilities of $2,797, net assets of $467k.