Jubilee Academic Foundation Inc

Analysis

Jubilee Academic Foundation Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in August 2010, 16 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 June 2023, Jubilee Academic Foundation Inc reported income of $90k and spending of $85k, spending 95% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $62k to $90k (+45%), an average of +45% a year. The sharpest change came in the year to June 2023, when income rose by 45%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jubilee Academic Foundation Inc sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within TX. Charities of a similar size with the same main cause include New Hampshire School Library Media Association ($90k), Malcolm Boosters Association ($90k) and Corner High School Alumni Association ($90k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $76k against liabilities of $11k, net assets of $65k.