Jeremiah Foundation Inc

Jeremiah Foundation Inc shows consistent revenue growth and no officer compensation, maintaining a healthy financial surplus.

EIN: 203553034 · N Chesterfld, VA · NTEE: O990 · Updated: 2026-03-28

$486KRevenue
$29KAssets
90/100Mission Score (Excellent)
O990
Jeremiah Foundation Inc Financial Summary
MetricValue
Total Revenue$486K
Total Expenses$466K
Program Spending85%
Net Assets$28K
Transparency Score90/100

Search Intent Cockpit

Jeremiah Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Jeremiah Foundation Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Jeremiah Foundation Inc in one place.

Form 990 Filing Summary

4 filing years are available, with latest revenue of $490K and expenses of $466K.

Revenue and Expenses

Jeremiah Foundation Inc reported $490K in revenue and $466K in expenses, a surplus of $24K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

90/100 mission score, 0 red flags, and 4 strengths are shown from structured and AI review.

Is Jeremiah Foundation Inc Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
85%Program Expense
$0Grants Paid
4Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Jeremiah Foundation Inc Expense Deployment
Program services$396K (85%)

Across stored filings, Jeremiah Foundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Jeremiah Foundation Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacyAppears LegitimateGood filing record; no red flags identified
Mission spend85% to programsExcellent
Financial durabilityGrade A4 stored filing years
Peer contextCompare with Association Of Small Business Development CentersVirginia and Category O context

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Peer Benchmark

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Human Services in Virginia

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Jeremiah Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Jeremiah Foundation Inc

Jeremiah Foundation Inc (EIN: 203553034) is a nonprofit organization based in N Chesterfld, VA, classified under NTEE code O990. The organization reported total revenue of $486K and total assets of $29K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jeremiah Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
SmallSize Classification
4Years of Filings
GrowingRevenue Trajectory

Jeremiah Foundation Inc is a small nonprofit that has been operating for 20 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 91.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$490K
Total Expenses$466K
Surplus / Deficit+$24K
Total Assets$55K
Total Liabilities$27K
Net Assets$28K
Operating Margin4.9%
Debt-to-Asset Ratio49.1%
Months of Reserves1.4 months

Financial Health Grade: A

In 2023, Jeremiah Foundation Inc reported a surplus of $24K with revenue exceeding expenses, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 49.1% (moderate leverage).

Financial Trends

Over 4 years of filings (2020–2023), Jeremiah Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 91.9%.

YearRevenue ChangeExpense ChangeAsset Change
2023+66.8%+69.7%+116.1%
2022+199.8%+135.9%+234.2%
2021+41.3%+82.7%-72.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Jeremiah Foundation Inc demonstrates a positive trend in financial growth, with revenue increasing significantly from $69,331 in 2020 to $489,839 in 2023. The organization consistently spends less than its revenue, as seen in 2023 where expenses were $465,689 against $489,839 in revenue, indicating sound financial management and an ability to build reserves. While asset growth is evident, reaching $54,748 in 2023, the organization also carries liabilities, which were $26,867 in 2023, suggesting a need to monitor debt levels relative to assets. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing funds towards its mission rather than executive salaries, enhancing its transparency and public trust. The organization's spending efficiency appears robust, with a healthy margin between revenue and expenses. For instance, in 2023, the organization had a surplus of $24,150. This consistent surplus generation, alongside the absence of officer compensation, suggests that the majority of funds are likely allocated to program services and necessary operational costs. The growth in assets from $7,580 in 2021 to $54,748 in 2023 further supports a picture of increasing financial stability and capacity to deliver on its mission. However, without a detailed breakdown of expenses, it's challenging to precisely determine the exact program spending ratio, but the overall financial health appears to be improving steadily.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Jeremiah Foundation Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Jeremiah Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$490KTotal Revenue
$466KTotal Expenses
$55KTotal Assets
$27KTotal Liabilities
$28KNet Assets
  • The organization reported a surplus of $24K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 49.1%.

Executive Compensation Analysis

Jeremiah Foundation Inc reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its size.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Jeremiah Foundation Inc:

  • Strong and consistent revenue growth from $69,331 in 2020 to $489,839 in 2023.
  • Consistent financial surplus, with expenses ($465,689 in 2023) consistently lower than revenue ($489,839 in 2023).
  • 0% officer compensation reported across all filings, indicating high efficiency and dedication to mission.
  • Increasing asset base, growing from $7,580 in 2021 to $54,748 in 2023, enhancing financial stability.

Frequently Asked Questions about Jeremiah Foundation Inc

Is Jeremiah Foundation Inc a legitimate charity?

Jeremiah Foundation Inc (EIN: 203553034) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 90/100. It has 4 years of IRS 990 filings on record. Total revenue: $486K. No red flags identified. 4 strengths noted. Financial health grade: A.

How does Jeremiah Foundation Inc spend its money?

Jeremiah Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Jeremiah Foundation Inc tax-deductible?

Jeremiah Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203553034). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Jeremiah Foundation Inc's spending goes to programs?

Jeremiah Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Jeremiah Foundation Inc compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Jeremiah Foundation Inc is above average for NTEE category O990 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Jeremiah Foundation Inc located?

Jeremiah Foundation Inc is headquartered in N Chesterfld, Virginia and files with the IRS under EIN 203553034. It is classified under NTEE code O990.

How many years of IRS 990 filings does Jeremiah Foundation Inc have?

Jeremiah Foundation Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $486K in total revenue.

Is Jeremiah Foundation Inc a good charity?

Based on the available IRS 990 data, Jeremiah Foundation Inc appears to be a good charity. It demonstrates strong financial growth, consistently spends less than its revenue, and reports 0% officer compensation, indicating a high dedication to its mission.

How has Jeremiah Foundation Inc's revenue changed over time?

Jeremiah Foundation Inc has experienced significant revenue growth, increasing from $69,331 in 2020 to $489,839 in 2023, representing a substantial increase in its financial capacity.

What is the organization's approach to executive compensation?

The organization reports 0% officer compensation in all available filings, indicating a strong commitment to directing all funds towards its programs and operations rather than executive salaries.

Filing History

IRS 990 filing history for Jeremiah Foundation Inc showing financial trends over 4 years of public records:

Over 4 years of IRS 990 filings (2020–2023), Jeremiah Foundation Inc's revenue has grown by 606.5%, moving from $69K to $490K. Total assets increased by 95.5% over the same period, from $28K to $55K. Total functional expenses rose by 631.7%, from $64K to $466K. In its most recent filing year (2023), Jeremiah Foundation Inc reported a surplus of $24K, with revenue exceeding expenses. The organization holds $27K in liabilities against $55K in assets (debt-to-asset ratio: 49.1%), resulting in net assets of $28K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $490K $466K $55K $27K
2022 $294K $274K $25K $21K View 990
2021 $98K $116K $8K $0
2020 $69K $64K $28K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $490K, expenses of $466K, and assets of $55K (revenue +66.8% year-over-year).
  • 2022: Revenue of $294K, expenses of $274K, and assets of $25K (revenue +199.8% year-over-year).
  • 2021: Revenue of $98K, expenses of $116K, and assets of $8K (revenue +41.3% year-over-year).
  • 2020: Revenue of $69K, expenses of $64K, and assets of $28K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Jeremiah Foundation Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing

Data Sources and Methodology

This transparency report for Jeremiah Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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