Jubilee School

Analysis

Jubilee School is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Jubilee School reported income of $1.0m and spending of $822k, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $675k to $1.0m (+53%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jubilee School sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Van Go Mobile Arts Inc ($1.0m), Kentucky Entrepreneurship Education Network ($1.0m) and Local 355 Usw Joint Apprenticeship and Training Fund ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 22% of the total. Other salaries and wages came to $542k. At year end it held assets of $234k against liabilities of $333k, net assets of -$99k.