Jaago Foundation Inc

Analysis

Jaago Foundation Inc is a registered charity in United States, based in Coral Springs, FL. It received its IRS tax-exemption ruling in November 2018, 8 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, Jaago Foundation Inc reported income of $645k and spending of $430k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $419k to $645k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 70% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jaago Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Washburn Housing Corporation ($644k), Hudson County Community College Foundation Inc ($645k) and Kanfi Gavriel Fund Inc ($644k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $215k against liabilities of $0, net assets of $215k.