Jamko Foundation Incorporated

Analysis

Jamko Foundation Incorporated is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in October 2020, 6 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, Jamko Foundation Incorporated reported income of $92k and spending of $101k, spending 109% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $69k to $92k (+34%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 133%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jamko Foundation Incorporated sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Winchendon Health Foundation Inc ($92k), PTA North Carolina Congress ($92k) and PTA California Congress of Parents Teachers & Students Inc ($92k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.2% of the total. Compensation of current officers, directors and key employees was $10k (10% of expenses). Other salaries and wages came to $41k. At year end it held assets of $26k against liabilities of $0, net assets of $26k.