The James Ferrell Foundation

Analysis

The James Ferrell Foundation is a registered charity in United States, based in Ogden, UT. It received its IRS tax-exemption ruling in September 2008, 18 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 December 2023, The James Ferrell Foundation reported income of $323k and spending of $298k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $239k to $323k (+35%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The James Ferrell Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within UT. Charities of a similar size with the same main cause include Abbot Public Library Foundation Inc ($323k), Professional Athletic Trainers Society Foundation Inc ($323k) and Italian School NJ Inc ($323k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $127k. At year end it held assets of $279k against liabilities of $0, net assets of $279k.