Jack Starkey Charitable TR

Analysis

Jack Starkey Charitable TR is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 1998, 28 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Jack Starkey Charitable TR reported income of $61k and spending of $69k, spending 113% of what it took in. Across the 6 years on record, from July 2019 to July 2024, income grew from $29k to $61k (+109%), an average of +16% a year. The sharpest change came in the year to July 2021, when income rose by 109%. Over the whole period it spent 113% 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 Starkey Charitable TR sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within IL. Charities of a similar size with the same main cause include Collins Management Foundation ($61k), Solon Benevolent Fund Inc ($61k) and National Charity League Inc Rolling Hills Chapter ($61k).

Compensation of current officers, directors and key employees was $13k (18% of expenses). At year end it held assets of $963k against liabilities of $0, net assets of $963k.

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.