Jack in the Box Foundation

Analysis

Jack in the Box Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in August 2023, 3 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 September 2023, Jack in the Box Foundation reported income of $1.5m and spending of $536k, leaving 63% of income unspent that year. Across the 4 years on record, from September 2020 to September 2023, income grew from $818k to $1.5m (+78%), an average of +21% a year. The sharpest change came in the year to September 2022, when income rose by 59%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jack in the Box Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Anywhere Gives Inc ($1.5m), St Elizabeths Community Development Foundation Wabasha MN Inc ($1.5m) and Gazette Charities ($1.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 139% of the total. At year end it held assets of $1.5m against liabilities of $189k, net assets of $1.3m.