Foundation of James Madison High School Inc

Analysis

Foundation of James Madison High School Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in December 1995, 31 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 June 2022, Foundation of James Madison High School Inc reported income of $225k and spending of $197k, spending 88% of its income. Across the 4 years on record, from June 2018 to June 2022, income grew from $180k to $225k (+25%), an average of +7.8% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Foundation of James Madison High School Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Tempe Impact Educational Foundation Inc ($225k), Olad ($225k) and Aspen Skiing Company Environment Foundation ($225k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $149k against liabilities of $0, net assets of $149k.