Jack Jablonski Believe in Miracles Foundation

Analysis

Jack Jablonski Believe in Miracles Foundation is a registered charity in United States, based in New Brighton, MN. It received its IRS tax-exemption ruling in August 2023, 3 years ago. Its declared purposes cover medical research, 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, Jack Jablonski Believe in Miracles Foundation reported income of $384k and spending of $371k, spending 97% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $328k to $384k (+17%), an average of +8.2% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 112% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jack Jablonski Believe in Miracles Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within MN. Charities of a similar size with the same main cause include Susan Dew Hoff Memorial Clinic Inc ($384k), Owen Center Inc ($384k) and Maquam Bay of Missisquoi Inc ($384k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. It paid $63k in professional fundraising fees. At year end it held assets of $131k against liabilities of $32k, net assets of $99k.