Jackson Community College Foundation

Analysis

Jackson Community College Foundation is a registered charity in United States, based in Jackson, MI. It received its IRS tax-exemption ruling in October 1983, 43 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 June 2023, Jackson Community College Foundation reported income of $561k and spending of $712k, spending 127% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $561k (-66%), an average of -24% a year. The sharpest change came in the year to June 2023, when income dropped by 82%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jackson Community College Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MI. Charities of a similar size with the same main cause include Corner School ($561k), South Carolina First Steps to School Readiness Board of Trustees ($561k) and Florida Truckers Institute Inc ($560k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $20.2m against liabilities of $1.1m, net assets of $19.0m.