Jamestown College Foundation Inc

Analysis

Jamestown College Foundation Inc is a registered charity in United States, based in Jamestown, ND. It received its IRS tax-exemption ruling in July 1986, 40 years ago. 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 June 2024, Jamestown College Foundation Inc reported income of $920k and spending of $1.3m, spending 143% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $537k to $920k (+71%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 71%. Over the whole period it spent 156% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jamestown College Foundation Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within ND. Charities of a similar size with the same main cause include Cleveland Urban Minority Alcoholism Drug Abuse Outreach Project ($920k), Friendship Hill Inc ($920k) and Bnai Brith Hillel Foundation at Queens College Inc ($920k).

At year end it held assets of $21.1m against liabilities of $18.2m, net assets of $2.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.