Jewel Charity Ball Incorporated

Analysis

Jewel Charity Ball Incorporated is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in July 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 March 2024, Jewel Charity Ball Incorporated reported income of $2.3m and spending of $2.3m, spending 100% of its income. Across the 6 years on record, from March 2019 to March 2024, income grew from $103k to $2.3m (+2106%), an average of +86% a year. The sharpest change came in the year to March 2020, when income rose by 2397%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jewel Charity Ball Incorporated sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Hearts & Horses Inc ($2.3m), The Healing Connection Inc ($2.3m) and Tenth District Substance Abuse Program ($2.3m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 170% of the total. At year end it held assets of $3.6m against liabilities of $2.2m, net assets of $1.4m.