Dear Jack Foundation Inc

Analysis

Dear Jack Foundation Inc is a registered charity in United States, based in Littleton, CO. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Dear Jack Foundation Inc reported income of $715k and spending of $854k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $561k to $715k (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 107% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dear Jack Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within CO. Charities of a similar size with the same main cause include Urban Health and Wellness ($715k), Starlight Therapeutic Riding Center Inc ($715k) and Leonardtown Volunteer Rescue Squade Inc ($715k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 115% of the total. Compensation of current officers, directors and key employees was $79k (9.2% of expenses). Other salaries and wages came to $210k. At year end it held assets of $645k against liabilities of $27k, net assets of $618k. It reported 8 employees.

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.