Jarc Florida Foundation Inc

Analysis

Jarc Florida Foundation Inc is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Jarc Florida Foundation Inc reported income of $11.5m and spending of $62k, leaving 99% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $784k to $11.5m (+1365%), an average of +96% a year. The sharpest change came in the year to August 2021, when income rose by 658%. Over the whole period it spent 18% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jarc Florida Foundation Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Health Affiliates Inc ($11.5m), Stars Nashville ($11.5m) and Guthrie Risk Retention Group ($11.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $25.7m against liabilities of $0, net assets of $25.7m.