Jays Care Foundation

Analysis

Jays Care Foundation is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in December 2011, 15 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending November 2023, Jays Care Foundation reported income of $16.8m and spending of $11.7m, leaving 30% of income unspent that year. Across the 5 years on record, from November 2019 to November 2023, income grew from $6.2m to $16.8m (+172%), an average of +28% a year. The sharpest change came in the year to November 2021, when income rose by 57%. Over the whole period it spent 77% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Jays Care Foundation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile. Charities of a similar size with the same main cause include Cotton Bowl Athletic Association ($16.8m), National Sports Center Foundation ($17.0m) and Chess Club and Scholastic Center of Saint Louis ($16.7m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 36% of the total. Compensation of current officers, directors and key employees was $226k (1.9% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $19.7m against liabilities of $1.9m, net assets of $17.8m.