The Jefferson Cary Foundation

Analysis

The Jefferson Cary Foundation is a registered charity in United States, based in Caribou, ME. It received its IRS tax-exemption ruling in May 2019, 7 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, The Jefferson Cary Foundation reported income of $168k and spending of $147k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $162k to $168k (+3.8%), an average of +0.9% a year. The sharpest change came in the year to December 2021, when income rose by 123%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Jefferson Cary Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 43rd percentile within ME. Charities of a similar size with the same main cause include American Institute of Parliamentari Ans ($168k), New England Classic Charity Bike Tour Inc ($168k) and Fifth Maine Regiment Museum ($168k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $1.1m against liabilities of $7,286, net assets of $1.1m.