Jennings Educational Foundation

Analysis

Jennings Educational Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Jennings Educational Foundation reported income of $118k and spending of $64k, leaving 46% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $208k to $118k (-43%), an average of -17% a year. The sharpest change came in the year to December 2023, when income rose by 168%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jennings Educational Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within IL. Charities of a similar size with the same main cause include Glades Education Foundation Inc ($118k), San Lorenzo Valley Elementary School Bobcat Club ($118k) and Romeoville High School Band Booster Association ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $178k against liabilities of $0, net assets of $178k.