Jack Pine Stables

Analysis

Jack Pine Stables is a registered charity in United States, based in Akeley, MN. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Jack Pine Stables reported income of $58k and spending of $62k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $83k to $58k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jack Pine Stables sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 19th percentile within MN. Charities of a similar size with the same main cause include Food Program and Clothesline of Jackson ($58k), Vision 4 Moore ($58k) and Mbaise Family Association Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 12% of the total. At year end it held assets of $220k against liabilities of $7,100, net assets of $213k.