Jason Kendal Ray Foundation

Analysis

Jason Kendal Ray Foundation is a registered charity in United States, based in Concord, NC. It received its IRS tax-exemption ruling in May 2009, 17 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 2022, Jason Kendal Ray Foundation reported income of $153k and spending of $101k, leaving 34% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $70k to $153k (+118%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 86%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jason Kendal Ray 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 48th percentile, and in the 46th percentile within NC. Charities of a similar size with the same main cause include Placitas Community Library ($153k), Student Achievement & Advocacy Services ($153k) and Refugee Youth Solidarity Through Education ($153k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. It paid $23k in professional fundraising fees. At year end it held assets of $122k against liabilities of $0, net assets of $122k.