Jackson Laboratory
Jackson Laboratory shows consistent asset and revenue growth, with minor expense exceeding revenue in the latest filing.
EIN: 10211513 · Bar Harbor, ME · NTEE: H920 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $821.2M |
| Total Expenses | $577.4M |
| Program Spending | 85% |
| Net Assets | $996.9M |
| Transparency Score | 85/100 |
Is Jackson Laboratory Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jackson Laboratory directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jackson Laboratory
Jackson Laboratory (EIN: 10211513) is a nonprofit organization based in Bar Harbor, ME, classified under NTEE code H920. The organization reported total revenue of $821.2M and total assets of $1.6B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jackson Laboratory's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jackson Laboratory is a major nonprofit that has been operating for 76 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $572.8M |
| Total Expenses | $577.4M |
| Surplus / Deficit | $-4,578,207 |
| Total Assets | $1.5B |
| Total Liabilities | $470.9M |
| Net Assets | $996.9M |
| Operating Margin | -0.8% |
| Debt-to-Asset Ratio | 32.1% |
| Months of Reserves | 30.5 months |
Financial Health Grade: B
In 2023, Jackson Laboratory reported a deficit of $4.6M with expenses exceeding revenue, holds 30.5 months of operating reserves (strong position), has a debt-to-asset ratio of 32.1% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2023), Jackson Laboratory's revenue has grown at a compound annual growth rate (CAGR) of 7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.5% | +8.4% | +5.2% |
| 2022 | -3.4% | +4.6% | -4.4% |
| 2021 | +8.6% | +9.9% | +20.4% |
| 2020 | +14.6% | +13.6% | +9.0% |
| 2019 | +6.4% | +11.2% | +8.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 8000 |
| IRS Ruling Date | 1950 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Jackson Laboratory with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Jackson Laboratory allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 32.1%.
Executive Compensation Analysis
The provided data consistently reports 0% for Officer Compensation across all filings, which is unusual for an organization of this size and complexity. This suggests that executive compensation details are either not captured in this specific data point or are reported under different categories, making a direct analysis of executive pay relative to organizational size impossible with the given information.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Jackson Laboratory's IRS 990 filings:
- Lack of transparent executive compensation data in provided filings (Officer Comp=0%)
Strengths
The following positive indicators were identified for Jackson Laboratory:
- Consistent and substantial asset growth, from $736M in 2014 to $1.55B currently.
- Strong revenue growth over the past decade, indicating increasing capacity for mission fulfillment.
- Generally positive financial performance with revenue often exceeding expenses in most periods.
- Large asset base provides significant financial stability and long-term operational capacity.
Frequently Asked Questions about Jackson Laboratory
Is Jackson Laboratory a legitimate charity?
Based on AI analysis of IRS 990 filings, Jackson Laboratory (EIN: 10211513) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Jackson Laboratory spend its money?
Jackson Laboratory directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jackson Laboratory tax-deductible?
Jackson Laboratory is registered as a tax-exempt nonprofit (EIN: 10211513). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Jackson Laboratory's spending goes to programs?
Jackson Laboratory directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Jackson Laboratory compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Jackson Laboratory is above average for NTEE category H920 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jackson Laboratory located?
Jackson Laboratory is headquartered in Bar Harbor, Maine and files with the IRS under EIN 10211513. It is classified under NTEE code H920.
How many years of IRS 990 filings does Jackson Laboratory have?
Jackson Laboratory has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $821.2M in total revenue.
What is the actual executive compensation for Jackson Laboratory?
The provided IRS 990 data consistently shows 'Officer Comp=0%', which is highly unusual for an organization of Jackson Laboratory's size ($821M latest revenue, $1.5B assets). This suggests the compensation details are either reported elsewhere in the full 990 form or are not captured in this specific summary data point, making it impossible to assess from the given information.
How does Jackson Laboratory manage its liabilities given its asset growth?
Jackson Laboratory's liabilities have grown from $243 million in 2014 to $470 million in 2023. While liabilities have increased, they remain a manageable portion of the organization's rapidly growing assets, which have more than doubled from $736 million to $1.55 billion over the same period, indicating a healthy balance sheet.
Is the slight deficit in the 202312 period a concern?
The 202312 period shows expenses ($577,381,862) slightly exceeding revenue ($572,803,655). Given the organization's substantial assets ($1.46 billion in 202312) and a history of revenue exceeding expenses in prior years, this minor deficit is likely a short-term fluctuation and not indicative of a significant financial concern.
Filing History
IRS 990 filing history for Jackson Laboratory showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Jackson Laboratory's revenue has grown by 147.4%, moving from $231.5M to $572.8M. Total assets increased by 242.1% over the same period, from $429.1M to $1.5B. Total functional expenses rose by 216.9%, from $182.2M to $577.4M. In its most recent filing year (2023), Jackson Laboratory reported a deficit of $4.6M, with expenses exceeding revenue. The organization holds $470.9M in liabilities against $1.5B in assets (debt-to-asset ratio: 32.1%), resulting in net assets of $996.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $572.8M | $577.4M | $1.5B | $470.9M | — | — |
| 2022 | $553.5M | $532.8M | $1.4B | $442.8M | — | View 990 |
| 2021 | $572.9M | $509.5M | $1.5B | $448.1M | — | View 990 |
| 2020 | $527.5M | $463.6M | $1.2B | $293.2M | — | View 990 |
| 2019 | $460.1M | $408.2M | $1.1B | $276.4M | — | View 990 |
| 2018 | $432.5M | $367.1M | $1.0B | $284.8M | — | View 990 |
| 2017 | $376.0M | $335.6M | $890.1M | $177.2M | — | View 990 |
| 2016 | $331.1M | $300.6M | $795.7M | $162.7M | — | View 990 |
| 2015 | $304.3M | $281.5M | $755.0M | $168.4M | — | View 990 |
| 2014 | $291.6M | $250.6M | $736.4M | $243.4M | — | View 990 |
| 2013 | $257.1M | $216.1M | $612.5M | $195.7M | — | View 990 |
| 2012 | $231.1M | $203.0M | $527.0M | $176.0M | — | View 990 |
| 2011 | $136.4M | $110.7M | $445.4M | $128.0M | — | View 990 |
| 2011 | $231.5M | $182.2M | $429.1M | $123.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $572.8M, expenses of $577.4M, and assets of $1.5B (revenue +3.5% year-over-year).
- 2022: Revenue of $553.5M, expenses of $532.8M, and assets of $1.4B (revenue -3.4% year-over-year).
- 2021: Revenue of $572.9M, expenses of $509.5M, and assets of $1.5B (revenue +8.6% year-over-year).
- 2020: Revenue of $527.5M, expenses of $463.6M, and assets of $1.2B (revenue +14.6% year-over-year).
- 2019: Revenue of $460.1M, expenses of $408.2M, and assets of $1.1B (revenue +6.4% year-over-year).
- 2018: Revenue of $432.5M, expenses of $367.1M, and assets of $1.0B (revenue +15.0% year-over-year).
- 2017: Revenue of $376.0M, expenses of $335.6M, and assets of $890.1M (revenue +13.6% year-over-year).
- 2016: Revenue of $331.1M, expenses of $300.6M, and assets of $795.7M (revenue +8.8% year-over-year).
- 2015: Revenue of $304.3M, expenses of $281.5M, and assets of $755.0M (revenue +4.4% year-over-year).
- 2014: Revenue of $291.6M, expenses of $250.6M, and assets of $736.4M (revenue +13.4% year-over-year).
- 2013: Revenue of $257.1M, expenses of $216.1M, and assets of $612.5M (revenue +11.3% year-over-year).
- 2012: Revenue of $231.1M, expenses of $203.0M, and assets of $527.0M (revenue +69.5% year-over-year).
- 2011: Revenue of $136.4M, expenses of $110.7M, and assets of $445.4M (revenue -41.1% year-over-year).
- 2011: Revenue of $231.5M, expenses of $182.2M, and assets of $429.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jackson Laboratory:
Data Sources and Methodology
This transparency report for Jackson Laboratory is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.