Jacaranda Health

Analysis

Jacaranda Health is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover health care, 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, Jacaranda Health reported income of $7.9m and spending of $5.7m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $832k to $7.9m (+846%), an average of +75% a year. The sharpest change came in the year to December 2020, when income rose by 355%. Over the whole period it spent 57% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jacaranda Health sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NC. Charities of a similar size with the same main cause include Indiana Family Health Council Inc ($7.9m), Darsalud Community Center Inc ($7.9m) and Ronald McDonald House Charities of the Intermountain Area Inc ($7.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $305k (5.3% of expenses). Other salaries and wages came to $326k. At year end it held assets of $14.3m against liabilities of $568k, net assets of $13.8m. It reported 3 employees.