Garrett-Jacobs Mansion Endowment Fund Inc

Analysis

Garrett-Jacobs Mansion Endowment Fund Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Garrett-Jacobs Mansion Endowment Fund Inc reported income of $166k and spending of $147k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $183k to $166k (-9.0%), an average of -2.3% a year. The sharpest change came in the year to June 2022, when income rose by 226%. Over the whole period it spent 538% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Garrett-Jacobs Mansion Endowment Fund Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within MD. Charities of a similar size with the same main cause include Survivor Fund ($166k), Marion County Nursing Home Auxiliary Inc ($166k) and H E Grant Foundation Inc ($166k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.9% of the total. At year end it held assets of $965k against liabilities of $882k, net assets of $83k.