Lightning Jacks Foundation Inc

Analysis

Lightning Jacks Foundation Inc is a registered charity in United States, based in Brick, NJ. It received its IRS tax-exemption ruling in April 2014, 12 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, Lightning Jacks Foundation Inc reported income of $182k and spending of $183k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $165k to $182k (+10%), an average of +10% a year. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lightning Jacks Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 59th percentile within NJ. Charities of a similar size with the same main cause include United Way of Adair County ($182k), Be Good Foundation Inc ($182k) and Marta & Evert Nolten School Foundation Tua 41-B924-00-3 ($182k).

At year end it held assets of $124k against liabilities of $0, net assets of $124k.