Community Foundation of Jackson County Inc

Analysis

Community Foundation of Jackson County Inc is a registered charity in United States, based in Seymour, IN. It received its IRS tax-exemption ruling in February 1985, 41 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 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 2023, Community Foundation of Jackson County Inc reported income of $2.1m and spending of $1.3m, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.1m (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2020, when income rose by 142%. Over the whole period it spent 56% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Foundation of Jackson County Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within IN. Charities of a similar size with the same main cause include Berkshire Community College Foundation Inc ($2.1m), United Way of Hall County Inc ($2.1m) and Celebrity Adventures Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% of the total. Compensation of current officers, directors and key employees was $94k (7.0% of expenses). Other salaries and wages came to $157k. At year end it held assets of $19.9m against liabilities of $1.1m, net assets of $18.8m. It reported 4 employees.