Jacksons Pay It Forward Foundation Inc

Analysis

Jacksons Pay It Forward Foundation Inc is a registered charity in United States, based in Lewiston, ID. It received its IRS tax-exemption ruling in August 2007, 19 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, Jacksons Pay It Forward Foundation Inc reported income of $564k and spending of $363k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $355k to $564k (+59%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 283%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jacksons Pay It Forward Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within ID. Charities of a similar size with the same main cause include Parent Services Project Inc ($564k), Good Neighbor Center ($564k) and Rai Ministries Inc ($564k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.5% of the total. Other salaries and wages came to $15k. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m. It reported 1 employees.