Cactus Jack Foundation Inc

Analysis

Cactus Jack Foundation Inc is a registered charity in United States, based in Waterford, CT. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Cactus Jack Foundation Inc reported income of $88k and spending of $74k, spending 84% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $77k to $88k (+16%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cactus Jack Foundation Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within CT. Charities of a similar size with the same main cause include Events for a Cause ($88k), Force Blue Inc ($88k) and Conrad Company Foundation ($88k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.