Friends of Jack Foundation Inc

Analysis

Friends of Jack Foundation Inc is a registered charity in United States, based in Mattapoisett, MA. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Friends of Jack Foundation Inc reported income of $192k and spending of $263k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $282k to $192k (-32%), an average of -9.2% a year. The sharpest change came in the year to December 2023, when income dropped by 46%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Friends of Jack Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within MA. Charities of a similar size with the same main cause include National Association of Local Boards of Health ($192k), Social & Affective Neuroscience Society ($192k) and Aneurysm Foundation ($192k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $100k (38% of expenses). At year end it held assets of $280k against liabilities of $29k, net assets of $251k. It reported 1 employees.