Birmingham-Southern College Thomas E Jernigan Scholarship Endowment F

Analysis

Birmingham-Southern College Thomas E Jernigan Scholarship Endowment F is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in November 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Birmingham-Southern College Thomas E Jernigan Scholarship Endowment F reported income of $302k and spending of $53k, leaving 82% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $237k to $302k (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2021, when income rose by 102%. Over the whole period it spent 29% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Birmingham-Southern College Thomas E Jernigan Scholarship Endowment F sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within PA. Charities of a similar size with the same main cause include Northern California Education Foundation ($302k), Springfield School District Elementary Home and School Assoc ($302k) and Lamar County Education Foundation Inc ($302k).

Compensation of current officers, directors and key employees was $39k (74% of expenses). At year end it held assets of $6.8m against liabilities of $0, net assets of $6.8m.