Jxta Real Estate Holding Company

Analysis

Jxta Real Estate Holding Company is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Jxta Real Estate Holding Company reported income of $56k and spending of $104k, spending 185% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $90k to $56k (-38%), an average of -38% a year. The sharpest change came in the year to August 2023, when income dropped by 38%. Over the whole period it spent 166% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jxta Real Estate Holding Company sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 18th percentile within MN. Charities of a similar size with the same main cause include Israelpromise Inc ($56k), Design Dance Company ($56k) and Wildwood Historical Society Inc ($56k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $9.3m against liabilities of $9.4m, net assets of -$95k.