The Jp4 Foundation

Analysis

The Jp4 Foundation is a registered charity in United States, based in Vadnais HTS, MN. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, The Jp4 Foundation reported income of $360k and spending of $323k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $172k to $360k (+109%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 144%. Over the whole period it spent 78% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Jp4 Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within MN. Charities of a similar size with the same main cause include Kendrick Gymnastics ($360k), Homer Hockey Association ($360k) and Dragonfly Capacity Development ($360k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. Compensation of current officers, directors and key employees was $85k (26% of expenses). It paid $1,968 in professional fundraising fees. At year end it held assets of $334k against liabilities of $3,386, net assets of $331k. It reported 1 employees.