Skip to content

Florida · Nonprofit

8 Cents in a Jar Inc

8 Cents in a Jar Inc (Florida) receives grants from 12 organizations whose IRS filings report $264,074 to it, the largest being Victory Cup Initiative Inc ($72,350). 6 of them have funded it in more than one year.

Revenue FY2025
$392k
Funders on record
12
Grants received
$264k
Net assets
$454k
6/12 repeat funderspeak grant-dependency 44%
01What it does

What 8 Cents in a Jar Inc does

Mission

Enlighten youth from under-resourced communities with financial life skills and resources to prevent poverty and rise to a higher economic position. Our impact at 8 Cents in a Jar has produced more financially capable students as they enter adulthood and allow them to climb the socioeconomic ladder from lower class to middle income. For the first time in the students' family's history, the reliance on applying for public assistance has diminished, and a reality of economic inclusion is within reach.

As stated on its FY2025 Form 990.

Program

  1. Founded in 2016, 8 Cents in a Jar, Inc. is an award-winning 501c3 nonprofit organization serving the Central Florida community to create opportunities for students in marginalized communities to achieve intergenerational mobility through financial education. 8 Cents in a Jar represents a new beginning for students to save money and eradicate the cycle of generational poverty. Our objective is to equip the greatest possible number of students to transition as a role model for fiscal responsibility, measured in economic and demographic improvement behaviors consistent with those in a financially sound community.

    $299,392 spent
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $299,392.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($73k) Expenses 100 ($29k) Net assets 100 ($56k)2021 Revenue 230 ($169k) Expenses 169 ($49k) Net assets 314 ($176k)2022 Revenue 255 ($187k) Expenses 488 ($141k) Net assets 397 ($223k)2023 Revenue 472 ($346k) Expenses 740 ($214k) Net assets 631 ($354k)2024 Revenue 664 ($488k) Expenses 1465 ($423k) Net assets 745 ($418k)2025 Revenue 534 ($392k) Expenses 1127 ($326k) Net assets 809 ($454k)
202020212022202320242025
Revenue (534)Expenses (1127)Net assets (809)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $241k to $367k (+52%).

$65k
$186k
$241k
$367k
$429k
$458k
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2023 98%. Grants only. Government contracts and fees sit inside program revenue.

100% of 8 Cents in a Jar Inc’s revenue is contributions — more reliant on donations than three-quarters of its peers (91% for the typical peer).

This organization
Typical peer · 23,870 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 6 reported years ran a deficit.

$45k
’20
$120k
’21
$46k
’22
$133k
’23
$64k
’24
$67k
’25
14
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Jamara Wilson

Chairman

As listed on its FY2025 Form 990.

202320242025
Listed91012
Joined·+5+2
No longer listed·40
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 5 funders, grant income rose $1k → $36k.

2 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 4% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of 8 Cents in a Jar Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

8 Cents in a Jar Inc has a broad base — no single funder exceeds 27% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

74% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund 8 Cents in a Jar Inc.

27%
largest funder
63%
top three
~6
effective funders

Largest funder’s share by year: 2019 100% · 2020 100% · 2021 98% · 2022 87% · 2023 55% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

50% of 8 Cents in a Jar Inc's funders are still giving 1 year after their first grant; 50% give in more than one year at all.

first grant+1y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

73% of 8 Cents in a Jar Inc's grant income comes from Florida funders.

NY
CO
SC
FL

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
Florida out of state home

Funder states come from each funder’s own filing. $11k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

8 Cents in a Jar Inc holds deeper cash reserves than three-quarters of the 13,062 human services nonprofits its size.

Operating margin17% · above the median
Months of reserve14.0mo · top quartile
Revenue growth (annualized)40% · top quartile

this organization peer median middle 50% of peers· 13,062 human services nonprofits $100k–$1M, FY2025

Organizations like 8 Cents in a Jar Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

92% of spending goes to programs.

Program 92%Management 8%Fundraising 0%

Governance

12
board members
0%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for 8 Cents in a Jar Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds 8 Cents in a Jar Inc?
8 Cents in a Jar Inc (Florida) receives grants from 12 organizations whose IRS filings report $264,074 to it, the largest being Victory Cup Initiative Inc ($72,350). 6 of them have funded it in more than one year.
How many funders does 8 Cents in a Jar Inc have?
IRS filings report 12 organizations giving $264,074 in grants to 8 Cents in a Jar Inc, 6 of which have funded it in more than one year.
Who is the largest funder of 8 Cents in a Jar Inc?
Victory Cup Initiative Inc is the largest funder on record, with $72,350 in grants. The full list of funders is on this page.
How can an organization like 8 Cents in a Jar Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds 8 Cents in a Jar →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 12 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing