Jo-Nathan Foundation

Analysis

Jo-Nathan Foundation is a registered charity in United States, based in Edgefield, SC. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Jo-Nathan Foundation reported income of $54k and spending of $45k, spending 83% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $92k to $54k (-41%), an average of -23% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 71% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Jo-Nathan Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 27th percentile within SC. Charities of a similar size with the same main cause include Coal City Colts Inc ($54k), Regents of the University of Minnesota ($54k) and Boys & Girls Clubs of the Central Coast Foundation ($54k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.