Jewell Educational Fund

Analysis

Jewell Educational Fund is a registered charity in United States, based in Owosso, MI. It received its IRS tax-exemption ruling in June 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Jewell Educational Fund reported income of $13.7m and spending of $7.3m, leaving 46% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income fell from $24.2m to $13.7m (-43%), an average of -13% a year. The sharpest change came in the year to August 2021, when income rose by 93%. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jewell Educational Fund sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MI. Charities of a similar size with the same main cause include The Phoenix Center Inc ($13.7m), Spokane International Academy ($13.7m) and Norfolk Christian Schools ($13.7m).

At year end it held assets of $362.3m against liabilities of $0, net assets of $362.3m.