Permanently Disabled Jockeys Fund Inc

Analysis

Permanently Disabled Jockeys Fund Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in May 2008, 18 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 (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, Permanently Disabled Jockeys Fund Inc reported income of $2.2m and spending of $1.0m, leaving 53% of income unspent that year. Across the 6 years on record, from December 2017 to December 2022, income grew from $2.0m to $2.2m (+11%), an average of +2.0% a year. The sharpest change came in the year to December 2019, when income rose by 65%. Over the whole period it spent 52% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Permanently Disabled Jockeys Fund Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within KY. Charities of a similar size with the same main cause include Greater Atlanta Chamber Foundation Inc ($2.2m), Rider Safety Visibility ($2.2m) and Treasure Valley Community College Foundation ($2.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 70% of the total. Compensation of current officers, directors and key employees was $30k (2.9% of expenses). At year end it held assets of $9.8m against liabilities of $11k, net assets of $9.8m.