Jessi Combs Memorial Foundation

Analysis

Jessi Combs Memorial Foundation is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Jessi Combs Memorial Foundation reported income of $221k and spending of $63k, leaving 71% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $92k to $221k (+141%), an average of +55% a year. The sharpest change came in the year to December 2022, when income rose by 110%. Over the whole period it spent 19% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jessi Combs Memorial Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within SD. Charities of a similar size with the same main cause include New Day Ministries ($221k), DFW Chinese Youth Camp ($221k) and Brooklyn Public School 9 PTO Inc ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $224k against liabilities of $0, net assets of $224k.