Janes Fund

Analysis

Janes Fund is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in August 2022, 4 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, Janes Fund reported income of $1.2m and spending of $1.5m, spending 124% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.1m to $1.2m (+9.7%), an average of +9.7% a year. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Janes Fund sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within NC. Charities of a similar size with the same main cause include 4rkids ($1.2m), Prime Produce Limited ($1.2m) and United Way of Laredo Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $33k. At year end it held assets of $440k against liabilities of $0, net assets of $440k. It reported 1 employees.