I Know Jack Foundation Inc

Analysis

I Know Jack Foundation Inc is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, I Know Jack Foundation Inc reported income of $231k and spending of $227k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $118k to $231k (+95%), an average of +95% a year. The sharpest change came in the year to December 2023, when income rose by 95%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, I Know Jack Foundation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 58th percentile within IA. Charities of a similar size with the same main cause include Springs Community Acupuncture Inc ($231k), Rare Hope Inc ($231k) and Breastfeeding Outreach for Our Beautiful Sisters-Boobs ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 109% of the total. At year end it held assets of $185k against liabilities of $0, net assets of $185k.