Jefferson School Foundation

Analysis

Jefferson School Foundation is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 School Foundation reported income of $268k and spending of $173k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.0m to $268k (-96%), an average of -54% a year. The sharpest change came in the year to December 2020, when income dropped by 95%. Over the whole period it spent 12% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jefferson School Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within VA. Charities of a similar size with the same main cause include Haven Retreats Inc ($268k), Cutty Legacy Foundation ($268k) and Cayce Charities Inc ($268k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% of the total. Compensation of current officers, directors and key employees was $111k (64% of expenses). Other salaries and wages came to $15k. At year end it held assets of $10.2m against liabilities of $4.4m, net assets of $5.8m. It reported 1 employees.