Jeffery Ingram Memorial Foundation Corporation

Analysis

Jeffery Ingram Memorial Foundation Corporation is a registered charity in United States, based in Magnolia, TX. It received its IRS tax-exemption ruling in August 2007, 19 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 December 2023, Jeffery Ingram Memorial Foundation Corporation reported income of $63k and spending of $15k, leaving 77% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $27k to $63k (+136%), an average of +136% a year. The sharpest change came in the year to December 2023, when income rose by 136%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jeffery Ingram Memorial Foundation Corporation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within TX. Charities of a similar size with the same main cause include Forsyth Central High School Soccer Booster Club Inc ($63k), Eat and Read at Melbas Literacy Project Inc ($63k) and Audio Industry Resources Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.