Jacobus Ten Broek Memorial Endowment Fund

Analysis

Jacobus Ten Broek Memorial Endowment Fund is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in November 1972, 54 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Jacobus Ten Broek Memorial Endowment Fund reported income of $1.4m and spending of $1.6m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $1.4m (-29%), an average of -8.1% a year. The sharpest change came in the year to December 2023, when income rose by 96%. Over the whole period it spent 120% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jacobus Ten Broek Memorial Endowment Fund sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MD. Charities of a similar size with the same main cause include Mothers in Charge ($1.4m), Individual Dynamics ($1.4m) and Some Other Place Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $20.6m against liabilities of $51k, net assets of $20.5m.

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.