Maxwell and Marjorie Jospey Support Foundation

Analysis

Maxwell and Marjorie Jospey Support Foundation is a registered charity in United States, based in Bloomfield Hills, MI. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Maxwell and Marjorie Jospey Support Foundation reported income of $103k and spending of $111k, spending 108% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $95k to $103k (+8.9%), an average of +2.1% a year. Over the whole period it spent 111% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Maxwell and Marjorie Jospey Support Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within MI. Charities of a similar size with the same main cause include Robbinsdale Spanish Immersion School Parent Teacher Organization ($103k), Colfax Thrifty Grandmothers ($103k) and Kennedy Girls Softball Inc ($103k).

At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.