Jubilee Reach

Analysis

Jubilee Reach is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Jubilee Reach reported income of $5.4m and spending of $5.0m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $5.4m (+89%), an average of +17% a year. The sharpest change came in the year to June 2020, when income rose by 53%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jubilee Reach sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within WA. Charities of a similar size with the same main cause include Clemson University Continuing Educ and Conference Complex Corporation ($5.4m), Friends of Father Judge High School Inc ($5.4m) and South Florida Preventative Care Initiative Inc ($5.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $110k (2.2% of expenses). Other salaries and wages came to $2.4m. It paid $35k in professional fundraising fees. At year end it held assets of $5.1m against liabilities of $455k, net assets of $4.6m. It reported 87 employees.