Jacob Family Services Inc

Analysis

Jacob Family Services Inc is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Jacob Family Services Inc reported income of $936k and spending of $913k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $936k (-19%), an average of -5.0% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jacob Family Services Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within CO. Charities of a similar size with the same main cause include Atd Fourth World Movement Inc ($936k), Indiana County Child Day Care Program Inc ($936k) and Joyland Child Development Center Inc ($936k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.4% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $70k (7.6% of expenses). Other salaries and wages came to $591k. At year end it held assets of $520k against liabilities of $2,697, net assets of $518k. It reported 30 employees.