Jefferson Associated Counsel

Analysis

Jefferson Associated Counsel is a registered charity in United States, based in Port Townsend, WA. It received its IRS tax-exemption ruling in January 2007, 19 years ago. 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, Jefferson Associated Counsel reported income of $1.0m and spending of $1.1m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $747k to $1.0m (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2021, when income dropped by 100%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jefferson Associated Counsel sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within WA. Charities of a similar size with the same main cause include Future Farmers of America ($1.0m), Childrens Home Foundation of the Eastern Shore of Maryland ($1.0m) and St Bernard Manor ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $133k (12% of expenses). Other salaries and wages came to $537k. At year end it held assets of $127k against liabilities of $3,218, net assets of $124k. It reported 8 employees.