Live Like Jack Foundation

Analysis

Live Like Jack Foundation is a registered charity in United States, based in Whittier, CA. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover mutual and membership 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, Live Like Jack Foundation reported income of $54k and spending of $45k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $20k to $54k (+167%), an average of +167% a year. The sharpest change came in the year to December 2023, when income rose by 167%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Live Like Jack Foundation sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include Junior Service League of Rome Inc ($54k), Tidewater Intergroup Council ($54k) and Mid-America Association of Autistic Training and Research ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.