The Jacksonville Public Schools Foundation

Analysis

The Jacksonville Public Schools Foundation is a registered charity in United States, based in Jacksonville, IL. It received its IRS tax-exemption ruling in December 1986, 40 years ago. 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 2023, The Jacksonville Public Schools Foundation reported income of $280k and spending of $208k, leaving 26% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.2m to $280k (-77%), an average of -38% a year. The sharpest change came in the year to June 2021, when income dropped by 83%. Over the whole period it spent 40% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Jacksonville Public Schools Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include Road Runners Club of America ($280k), San Luis Obispo County Bicycle Coalition ($280k) and Hancock Housing Foundation ($280k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% of the total. Compensation of current officers, directors and key employees was $30k (15% of expenses). Other salaries and wages came to $13k. At year end it held assets of $2.8m against liabilities of $1,641, net assets of $2.8m. It reported 4 employees.