Jimmy Rane Foundation

Analysis

Jimmy Rane Foundation is a registered charity in United States, based in Abbeville, AL. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2024, Jimmy Rane Foundation reported income of $2.3m and spending of $1.6m, leaving 31% of income unspent that year. Across the 6 years on record, from September 2019 to September 2024, income grew from $1.4m to $2.3m (+68%), an average of +11% a year. The sharpest change came in the year to September 2024, when income rose by 68%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jimmy Rane Foundation sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 91st percentile within AL. Charities of a similar size with the same main cause include Faith Mission & Help Center Inc ($2.3m), Center for Enriching Relationships Inc ($2.3m) and Cornerstone Adult Services ($2.3m).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 91% of the total. At year end it held assets of $7.4m against liabilities of $0, net assets of $7.4m.