Jared Coones Memorial Foundation

Analysis

Jared Coones Memorial Foundation is a registered charity in United States, based in Olathe, KS. It received its IRS tax-exemption ruling in February 2002, 24 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 December 2023, Jared Coones Memorial Foundation reported income of $155k and spending of $157k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $110k to $155k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jared Coones Memorial Foundation sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within KS. Charities of a similar size with the same main cause include Greater Atlanta Tamil Sangam Gats ($155k), Georgetown Backpack Buddies ($155k) and Brownsboro Isd Education Foundation ($155k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.