Jacobs Home

Analysis

Jacobs Home is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 2018, 8 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, Jacobs Home reported income of $398k and spending of $397k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $206k to $398k (+93%), an average of +24% a year. The sharpest change came in the year to December 2021, when income dropped by 100%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jacobs Home sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include African Alliance of Rhode Island ($398k), Families Helping Families of Acadiana ($398k) and Southeast Georgia Womens Center Inc ($398k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $228k. At year end it held assets of $1,056 against liabilities of $0, net assets of $1,056. It reported 12 employees.