Michael S Jacobs Foundation Inc

Analysis

Michael S Jacobs Foundation Inc is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Michael S Jacobs Foundation Inc reported income of $413k and spending of $380k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $179k to $413k (+131%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Michael S Jacobs Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within CO. Charities of a similar size with the same main cause include Oak Ridge High School Band Booster Association ($413k), Skyview High School Booster Club ($413k) and San Bruno Education Foundation ($413k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.