JC Inspires Foundation Inc

Analysis

JC Inspires Foundation Inc is a registered charity in United States, based in Homestead, FL. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, JC Inspires Foundation Inc reported income of $255k and spending of $255k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $69k to $255k (+270%), an average of +55% a year. The sharpest change came in the year to December 2021, when income rose by 224%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, JC Inspires Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include Jesus Acts in Inmates Lives Ministry Inc ($255k), Rochester Community Youth Basketball Association Inc ($255k) and Big Brothers - Big Sisters of York County Inc ($255k).

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 $0 against liabilities of $0, net assets of $0.