Jones Family Foundation

Analysis

Jones Family Foundation is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in December 2011, 15 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 December 2023, Jones Family Foundation reported income of $377k and spending of $1.1m, spending 299% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $377k (-74%), an average of -29% a year. The sharpest change came in the year to December 2021, when income rose by 210%. Over the whole period it spent 119% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jones Family Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within MN. Charities of a similar size with the same main cause include Union City Rotary Foundation Inc ($377k), Castle Pines Scholarship Foundation Inc ($377k) and Lafayette Home and School Association D C Public School ($377k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% of the total. At year end it held assets of $12.1m against liabilities of $208k, net assets of $11.9m.