Jades Legacy

Analysis

Jades Legacy is a registered charity in United States, based in New Caney, TX. It received its IRS tax-exemption ruling in August 2019, 7 years ago. 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, Jades Legacy reported income of $57k and spending of $46k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $59k to $57k (-3.3%), an average of -3.3% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jades Legacy sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include Association of Fundraising Professionals ($57k), PTA Florida Congress ($57k) and Swannanoa Community Council Inc ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.