Juma Ventures

Analysis

Juma Ventures is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover employment, 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, Juma Ventures reported income of $6.3m and spending of $7.2m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.8m to $6.3m (+9.6%), an average of +2.3% a year. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Juma Ventures sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Goodwill Industries of Central East ($6.3m), Goodwill Industries of Northern Michigan Inc ($6.3m) and Mid-Michigan Industries Inc ($6.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $287k (4.0% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $3.5m against liabilities of $2.2m, net assets of $1.3m. It reported 612 employees.