Jacobs Heart Childrens Cancer Support Services

Analysis

Jacobs Heart Childrens Cancer Support Services is a registered charity in United States, based in Watsonville, CA. It received its IRS tax-exemption ruling in October 1998, 28 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 December 2023, Jacobs Heart Childrens Cancer Support Services reported income of $3.1m and spending of $3.3m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $3.1m (+69%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 37%. 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, Jacobs Heart Childrens Cancer Support Services sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include National Association of Health Services Executives Inc ($3.1m), Achieva ($3.1m) and Grace Foundation of New York ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.2% of the total. Compensation of current officers, directors and key employees was $131k (3.9% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $3.2m against liabilities of $1.4m, net assets of $1.8m. It reported 24 employees.