JSG Foundation Inc

Analysis

JSG Foundation Inc is a registered charity in United States, based in Carencro, LA. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, JSG Foundation Inc reported income of $74k and spending of $47k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $8,000 to $74k (+831%), an average of +831% a year. The sharpest change came in the year to December 2023, when income rose by 831%. Over the whole period it spent 58% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, JSG Foundation Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within LA. Charities of a similar size with the same main cause include Compel Ministries ($74k), Over the Horizon ($75k) and Fuerza Educational Coalition ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.