G & J Johnson Foster Home Foundation No 1 Inc

Analysis

G & J Johnson Foster Home Foundation No 1 Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 2017, 9 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, G & J Johnson Foster Home Foundation No 1 Inc reported income of $302k and spending of $138k, leaving 54% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income fell from $592k to $302k (-49%), an average of -13% a year. The sharpest change came in the year to December 2023, when income rose by 722%. Over the whole period it spent 52% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, G & J Johnson Foster Home Foundation No 1 Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Marita Theisen Childcare Center ($302k), Community Credit Lab ($302k) and National Chaplains Association Inc ($302k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $29k (21% of expenses). Other salaries and wages came to $51k. At year end it held assets of $0 against liabilities of $0, net assets of $0.