Wilmington Jaycees Foundation Inc

Analysis

Wilmington Jaycees Foundation Inc is a registered charity in United States, based in Wilmington, CA. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2023, Wilmington Jaycees Foundation Inc reported income of $1.6m and spending of $1.5m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.6m (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2021, when income rose by 60%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wilmington Jaycees Foundation Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include American Leadership Forum ($1.6m), Reach-Midlothian Inc ($1.6m) and Pike Road Volunteer Fire Protection ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 6.5% of the total. Compensation of current officers, directors and key employees was $74k (4.9% of expenses). Other salaries and wages came to $642k. At year end it held assets of $488k against liabilities of $320k, net assets of $168k. It reported 33 employees.