Jenna and Patricks Foundation Ofhope

Analysis

Jenna and Patricks Foundation Ofhope is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Jenna and Patricks Foundation Ofhope reported income of $91k and spending of $100k, spending 110% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $288k to $91k (-68%), an average of -44% a year. The sharpest change came in the year to December 2022, when income dropped by 53%. Over the whole period it spent 111% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jenna and Patricks Foundation Ofhope sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Eastern Sierra Cancer Alliance ($91k), Volunteer Ambulance of Mamaroneck and Larchmont ($91k) and Everyone Reading Illinois ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.

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.