Theresa Sondra Jacobs Foundation Inc

Analysis

Theresa Sondra Jacobs Foundation Inc is a registered charity in United States, based in Aldie, VA. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Theresa Sondra Jacobs Foundation Inc reported income of $775k and spending of $397k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $240k to $775k (+224%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 41% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Theresa Sondra Jacobs Foundation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within VA. Charities of a similar size with the same main cause include Mountain Communities Boys and Girls Club ($775k), Chica ($775k) and Annapolis Swim Club Corporation ($774k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.