Jacobs Well

Analysis

Jacobs Well is a registered charity in United States, based in Anza, CA. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jacobs Well reported income of $94k and spending of $99k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $105k to $94k (-11%), an average of -11% a year. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jacobs Well sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Outreach Farm Inc ($94k), Grace Lake Ministries Inc ($94k) and Community Resource Center of Chattooga Inc ($94k).

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 $674 against liabilities of $8,482, net assets of -$7,808.