JPS Ability Hope Inc

Analysis

JPS Ability Hope Inc is a registered charity in United States, based in West Caldwell, NJ. It received its IRS tax-exemption ruling in January 2023, 3 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, JPS Ability Hope Inc reported income of $95k and spending of $92k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $16k to $95k (+501%), an average of +501% a year. The sharpest change came in the year to December 2023, when income rose by 501%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, JPS Ability Hope Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 43rd percentile within NJ. Charities of a similar size with the same main cause include Quad City Right to Life Education Fund ($95k), Beer-Lahai-Roi Womens Ministries Inc ($95k) and Casa Castillo Foundation ($95k).

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 $15k against liabilities of $0, net assets of $15k.