Jacobs Ladder Inc

Analysis

Jacobs Ladder Inc is a registered charity in United States, based in Urbanna, VA. It received its IRS tax-exemption ruling in March 1995, 31 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Jacobs Ladder Inc reported income of $444k and spending of $389k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $443k to $444k (+0.3%), an average of +0.1% a year. The sharpest change came in the year to December 2020, when income dropped by 46%. Over the whole period it spent 93% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Jacobs Ladder Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within VA. Charities of a similar size with the same main cause include Great Neck Wrestling Association ($444k), Manchester Police Athletic League Inc ($445k) and Camp Crossway Inc ($444k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $71k (18% of expenses). Other salaries and wages came to $140k. At year end it held assets of $449k against liabilities of $2,490, net assets of $446k. It reported 20 employees.