Jimmy Jack Foundation

Analysis

Jimmy Jack Foundation is a registered charity in United States, based in Snyder, OK. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Jimmy Jack Foundation reported income of $53k and spending of $58k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $59k to $53k (-11%), an average of -11% a year. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jimmy Jack Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within OK. Charities of a similar size with the same main cause include Educational Center for the Blind and the Handicapped of Puerto Rico ($53k), Prometheus Symphony Orchestra Inc ($53k) and Marlene Yu Museum ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.