Jackson Health Foundation Inc

Analysis

Jackson Health Foundation Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in February 1989, 37 years ago. Its declared purposes cover health care, 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 September 2023, Jackson Health Foundation Inc reported income of $9.3m and spending of $8.6m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $11.1m to $9.3m (-16%), an average of -4.3% a year. The sharpest change came in the year to September 2022, when income dropped by 36%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jackson Health Foundation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Southern Indiana Community Health Care ($9.3m), Tubman Center for Health & Freedom ($9.3m) and Andrew McDonough B Positive Foundation ($9.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 119% of the total. Compensation of current officers, directors and key employees was $703k (8.1% of expenses). Other salaries and wages came to $1.4m. It paid $19k in professional fundraising fees. At year end it held assets of $23.9m against liabilities of $325k, net assets of $23.6m. It reported 18 employees.