The Jimmy a Payne Foundation

Analysis

The Jimmy a Payne Foundation is a registered charity in United States, based in Hattiesburg, MS. It received its IRS tax-exemption ruling in September 1990, 36 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Jimmy a Payne Foundation reported income of $627k and spending of $536k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $426k to $627k (+47%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 257%. Over the whole period it spent 125% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Jimmy a Payne Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within MS. Charities of a similar size with the same main cause include Santa Rosa Historical Society Inc ($627k), Tails of Valor Paws of Honor Program Inc ($627k) and Allendale Senior Housing Corporation ($627k).

At year end it held assets of $9.6m against liabilities of $0, net assets of $9.6m.