Jaws Youth Fund

Analysis

Jaws Youth Fund is a registered charity in United States, based in West Deptford, NJ. It received its IRS tax-exemption ruling in February 2011, 15 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 2023, Jaws Youth Fund reported income of $492k and spending of $359k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $404k to $492k (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jaws Youth Fund sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within NJ. Charities of a similar size with the same main cause include Students Matter ($492k), Dan and Ellen Zelman Family Foundation ($492k) and Hunt of a Lifetime Foundation Inc ($491k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $14k (3.8% of expenses). At year end it held assets of $986k against liabilities of $150k, net assets of $836k. It reported 11 employees.