Jefferson Energy Cooperative Foundation Inc

Analysis

Jefferson Energy Cooperative Foundation Inc is a registered charity in United States, based in Wrens, GA. It received its IRS tax-exemption ruling in January 2005, 21 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 2024, Jefferson Energy Cooperative Foundation Inc reported income of $593k and spending of $476k, spending 80% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $386k to $593k (+54%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 112%. Over the whole period it spent 67% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jefferson Energy Cooperative Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within GA. Charities of a similar size with the same main cause include Catholic Central High School of Burlington Endowment FNDTN Inc ($593k), Ife Foundation ($594k) and Tehilot Israel Inc ($593k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.