Jab Cares

Analysis

Jab Cares is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in August 2016, 10 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 2022, Jab Cares reported income of $957k and spending of $963k, spending 101% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $327k to $957k (+193%), an average of +193% a year. The sharpest change came in the year to December 2022, when income rose by 193%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jab Cares sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Nourishing Bethesda Inc ($957k), Future Link Inc ($958k) and Vincentian Ohio Action Network ($957k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 10% and program service revenue 5.1% of the total. Other salaries and wages came to $34k. At year end it held assets of $192k against liabilities of $150k, net assets of $42k. It reported 1 employees.