Jacaranda Foundation Inc

Analysis

Jacaranda Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Jacaranda Foundation Inc reported income of $456k and spending of $436k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $551k to $456k (-17%), an average of -4.7% a year. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jacaranda Foundation Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Antioch Ministries Inc ($456k), A C R E S Inc ($456k) and Old Capitol Foundation ($455k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $538k against liabilities of $0, net assets of $538k.