Jacinto Foundation Inc

Analysis

Jacinto Foundation Inc is a registered charity in United States, based in Corinth, MS. It received its IRS tax-exemption ruling in August 1980, 46 years ago. 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, Jacinto Foundation Inc reported income of $90k and spending of $66k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $36k to $90k (+149%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 15763%. Over the whole period it spent 38% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jacinto Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within MS. Charities of a similar size with the same main cause include Parent Booster USA Inc ($90k), Chaffey Community Art Association ($90k) and O Club ($90k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $4,800. At year end it held assets of $638k against liabilities of $41k, net assets of $597k. It reported 1 employees.