Jas Foundation

Analysis

Jas Foundation is a registered charity in United States, based in West Wendover, NV. It received its IRS tax-exemption ruling in July 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Jas Foundation reported income of $217k and spending of $245k, spending 113% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $210k to $217k (+3.6%), an average of +1.8% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jas Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 60th percentile within NV. Charities of a similar size with the same main cause include Father Lopez Foundation Inc ($217k), Mecosta-Osceola United Way ($217k) and Telha Foundation ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $91k. At year end it held assets of $42k against liabilities of $409, net assets of $42k. It reported 5 employees.