Jim Saunders Fund

Analysis

Jim Saunders Fund is a registered charity in United States, based in Kailua Kona, HI. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Jim Saunders Fund reported income of $618k and spending of $310k, leaving 50% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $697k to $618k (-11%), an average of -5.9% a year. The sharpest change came in the year to December 2022, when income dropped by 28%. Over the whole period it spent 53% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jim Saunders Fund sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within HI. Charities of a similar size with the same main cause include Thundering Saints ($618k), Lake Washington Schools Foundation ($618k) and Childrens Advocacy Center of Independence County Inc ($617k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.