Jacks Foundation for the Homeless Inc

Analysis

Jacks Foundation for the Homeless Inc is a registered charity in United States, based in Saint James, NY. It received its IRS tax-exemption ruling in March 2014, 12 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, Jacks Foundation for the Homeless Inc reported income of $435k and spending of $551k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $203k to $435k (+114%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 100%. Over the whole period it spent 172% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jacks Foundation for the Homeless Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include New Covenant Community Development Center ($435k), Loving Choice Pregnancy Resource Center Inc ($435k) and Helping Hand of Hope Inc ($435k).

At year end it held assets of $4.3m against liabilities of $0, net assets of $4.3m.

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.