Jackson Charitable Foundation Inc

Analysis

Jackson Charitable Foundation Inc is a registered charity in United States, based in Alpharetta, GA. It received its IRS tax-exemption ruling in November 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2023, Jackson Charitable Foundation Inc reported income of $649k and spending of $1.9m, spending 285% of what it took in. Across the 5 years on record, from February 2019 to January 2023, income fell from $63.9m to $649k (-99%), an average of -68% a year. The sharpest change came in the year to January 2021, when income rose by 491%. Over the whole period it spent 11% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Jackson Charitable Foundation Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within GA. Charities of a similar size with the same main cause include Stegall Seminary Scholarshipendowment Foundation ($649k), Associated Baptist Press ($649k) and Friends of Utah County Childrens Justice Center ($648k).

On its Form 990 for the period ending January 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $93.1m against liabilities of $3,003, net assets of $93.1m.