Jung Society Of Washington
EIN: 521520617 · Washington, DC
| Metric | Value |
|---|---|
| Total Revenue | $378K |
| Total Expenses | $362K |
| Net Assets | $231K |
Is Jung Society Of Washington Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Jung Society Of Washington
Jung Society Of Washington (EIN: 521520617) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $378K and total assets of $250K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jung Society Of Washington's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jung Society Of Washington is a small nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $344K |
| Total Expenses | $362K |
| Surplus / Deficit | $-17,620 |
| Total Assets | $231K |
| Net Assets | $231K |
| Operating Margin | -5.1% |
| Months of Reserves | 7.7 months |
Financial Health Grade: B
In 2023, Jung Society Of Washington reported a deficit of $18K with expenses exceeding revenue, holds 7.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Jung Society Of Washington's revenue has grown at a compound annual growth rate (CAGR) of 11.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +42.3% | +33.4% | -7.4% |
| 2022 | -23.9% | -12.1% | -11.6% |
| 2021 | +19.9% | +54.2% | +3.1% |
| 2020 | +0.2% | -5.6% | +33.0% |
| 2019 | +20.4% | -8.9% | +34.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Jung Society Of Washington has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Jung Society Of Washington with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
Frequently Asked Questions about Jung Society Of Washington
Is Jung Society Of Washington a legitimate charity?
Jung Society Of Washington (EIN: 521520617) is a registered tax-exempt nonprofit based in Washington DC. It has 13 years of IRS 990 filings on record. Total revenue: $378K. No red flags identified. Financial health grade: B.
How does Jung Society Of Washington spend its money?
Jung Society Of Washington reported $378K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Jung Society Of Washington tax-deductible?
Jung Society Of Washington is registered as a tax-exempt nonprofit (EIN: 521520617). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Jung Society Of Washington located?
Jung Society Of Washington is headquartered in Washington, Washington DC and files with the IRS under EIN 521520617.
How many years of IRS 990 filings does Jung Society Of Washington have?
Jung Society Of Washington has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $378K in total revenue.
Filing History
IRS 990 filing history for Jung Society Of Washington showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Jung Society Of Washington's revenue has grown by 251.4%, moving from $98K to $344K. Total assets increased by 99% over the same period, from $116K to $231K. Total functional expenses rose by 292%, from $92K to $362K. In its most recent filing year (2023), Jung Society Of Washington reported a deficit of $18K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $344K | $362K | $231K | $0 | — | — |
| 2022 | $242K | $271K | $250K | $928 | — | View 990 |
| 2021 | $318K | $308K | $282K | $4K | — | View 990 |
| 2020 | $265K | $200K | $274K | $5K | — | — |
| 2019 | $264K | $212K | $206K | $2K | — | View 990 |
| 2018 | $220K | $232K | $154K | $3K | — | View 990 |
| 2017 | $222K | $189K | $166K | $3K | — | View 990 |
| 2016 | $209K | $187K | $133K | $2K | — | View 990 |
| 2015 | $187K | $200K | $111K | $2K | — | View 990 |
| 2014 | $130K | $108K | $128K | $7K | — | View 990 |
| 2013 | $74K | $80K | $102K | $2K | — | View 990 |
| 2012 | $85K | $93K | $108K | $2K | — | — |
| 2011 | $98K | $92K | $116K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $344K, expenses of $362K, and assets of $231K (revenue +42.3% year-over-year).
- 2022: Revenue of $242K, expenses of $271K, and assets of $250K (revenue -23.9% year-over-year).
- 2021: Revenue of $318K, expenses of $308K, and assets of $282K (revenue +19.9% year-over-year).
- 2020: Revenue of $265K, expenses of $200K, and assets of $274K (revenue +0.2% year-over-year).
- 2019: Revenue of $264K, expenses of $212K, and assets of $206K (revenue +20.4% year-over-year).
- 2018: Revenue of $220K, expenses of $232K, and assets of $154K (revenue -1.0% year-over-year).
- 2017: Revenue of $222K, expenses of $189K, and assets of $166K (revenue +6.2% year-over-year).
- 2016: Revenue of $209K, expenses of $187K, and assets of $133K (revenue +12.0% year-over-year).
- 2015: Revenue of $187K, expenses of $200K, and assets of $111K (revenue +43.4% year-over-year).
- 2014: Revenue of $130K, expenses of $108K, and assets of $128K (revenue +76.5% year-over-year).
- 2013: Revenue of $74K, expenses of $80K, and assets of $102K (revenue -13.0% year-over-year).
- 2012: Revenue of $85K, expenses of $93K, and assets of $108K (revenue -13.4% year-over-year).
- 2011: Revenue of $98K, expenses of $92K, and assets of $116K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jung Society Of Washington:
Data Sources and Methodology
This transparency report for Jung Society Of Washington 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.