Jupiter Foundation

Analysis

Jupiter Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in February 2016, 10 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, Jupiter Foundation reported income of $381k and spending of $380k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $186k to $381k (+105%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 388%. Over the whole period it spent 65% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jupiter Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within AZ. Charities of a similar size with the same main cause include Western Oklahoma Family Care Center ($381k), White Swan Foundation Inc ($381k) and PVF Roundtable Charitable Foundation Inc ($381k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.9% of the total. At year end it held assets of $84k against liabilities of $638, net assets of $84k.