Jijak Foundation

Analysis

Jijak Foundation is a registered charity in United States, based in Shelbyville, MI. It received its IRS tax-exemption ruling in April 2013, 13 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 September 2023, Jijak Foundation reported income of $344k and spending of $532k, spending 155% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $232k to $344k (+48%), an average of +10% a year. The sharpest change came in the year to September 2023, when income rose by 36%. Over the whole period it spent 167% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jijak Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MI. Charities of a similar size with the same main cause include Three Village Historical Society ($344k), Anastasis ($344k) and D3 Arts ($344k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3.9m against liabilities of $7,627, net assets of $3.9m.

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.