Jackies Song Foundation

Analysis

Jackies Song Foundation is a registered charity in United States, based in Stafford, VA. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2022, Jackies Song Foundation reported income of $122k and spending of $125k, spending 103% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $155k to $122k (-22%), an average of -7.8% a year. The sharpest change came in the year to December 2021, when income rose by 186%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jackies Song Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within VA. Charities of a similar size with the same main cause include Women of Southwestern Pa Inc ($122k), San Ramon Historic Foundation ($122k) and Alianta Inc ($122k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $18k against liabilities of $12k, net assets of $6,271.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.