Robert Jacobson Sports Foundation

Analysis

Robert Jacobson Sports Foundation is a registered charity in United States, based in Ardsley, NY. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Robert Jacobson Sports Foundation reported income of $545k and spending of $514k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $201k to $545k (+171%), an average of +65% a year. The sharpest change came in the year to December 2022, when income rose by 93%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Robert Jacobson Sports Foundation sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Perryton and Vicinity Activities Center ($545k), Wayland-Weston Rowing Association Inc ($545k) and Next Revolution Volleyball Corp ($545k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $150k (29% of expenses). Other salaries and wages came to $46k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 2 employees.