James B Lee Jr Scholarship and Relief Fund in Honor of Joseph

Analysis

James B Lee Jr Scholarship and Relief Fund in Honor of Joseph is a registered charity in United States, based in Southampton, NY. It received its IRS tax-exemption ruling in September 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 October 2023, James B Lee Jr Scholarship and Relief Fund in Honor of Joseph reported income of $584k and spending of $465k, leaving 20% of income unspent that year. Across the 4 years on record, from October 2019 to October 2023, income fell from $636k to $584k (-8.2%), an average of -2.8% a year. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, James B Lee Jr Scholarship and Relief Fund in Honor of Joseph sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Panorama Baptist School ($584k), French-American School of Chicago ($585k) and Childrens Education Alliance of Missouri ($584k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $3.0m against liabilities of $6,701, net assets of $3.0m.