Jarc Foundation

Analysis

Jarc Foundation is a registered charity in United States, based in Bloomfld HLS, MI. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Jarc Foundation reported income of $112k and spending of $62k, leaving 44% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $319k to $112k (-65%), an average of -23% a year. The sharpest change came in the year to September 2020, when income rose by 131%. Over the whole period it spent 34% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jarc Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within MI. Charities of a similar size with the same main cause include Girls Rock North Carolina ($112k), Clover Foundation Inc ($112k) and Fundaprocura Inc ($112k).

At year end it held assets of $7.0m against liabilities of $368k, net assets of $6.6m.