Rita Foundation Jax Inc

Analysis

Rita Foundation Jax Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover medical research, 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, Rita Foundation Jax Inc reported income of $365k and spending of $363k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $210k to $365k (+74%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rita Foundation Jax Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Turning Point of Franklin County Inc ($365k), Mosaic Recovery Center Inc ($365k) and Cant Tell Foundation Inc ($365k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $4,014 against liabilities of $0, net assets of $4,014.