Jacks Corner Foundation Inc

Analysis

Jacks Corner Foundation Inc is a registered charity in United States, based in Southport, CT. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Jacks Corner Foundation Inc reported income of $204k and spending of $567k, spending 278% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $612k to $204k (-67%), an average of -67% a year. The sharpest change came in the year to December 2023, when income dropped by 67%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jacks Corner Foundation Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within CT. Charities of a similar size with the same main cause include Marathon for a Better Life Inc ($204k), The Compass Foundation ($204k) and Lakes Regional Healthcare Foundation ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $189k against liabilities of $0, net assets of $189k.