JLT Fund Inc

Analysis

JLT Fund Inc is a registered charity in United States, based in Concord TWP, OH. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, JLT Fund Inc reported income of $64k and spending of $66k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $117k to $64k (-45%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 154% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, JLT Fund Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within OH. Charities of a similar size with the same main cause include Parent Booster USA Inc ($64k), Matthew 1914 Project ($64k) and Carriage Hope Inc ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.