Jaffna College Funds Trustee

Analysis

Jaffna College Funds Trustee is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in August 1942, 84 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jaffna College Funds Trustee reported income of $1.5m and spending of $1.3m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.5m (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2021, when income rose by 122%. Over the whole period it spent 86% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Jaffna College Funds Trustee sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include Global Exchange ($1.5m), Share and Care Foundation for India ($1.5m) and Deed & Truth Ministries ($1.5m).

At year end it held assets of $38.4m against liabilities of $24k, net assets of $38.4m.