Foundation for Sfjazz

Analysis

Foundation for Sfjazz is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in March 2015, 11 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 June 2023, Foundation for Sfjazz reported income of $4.5m and spending of $183k, leaving 96% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $574k to $4.5m (+681%), an average of +67% a year. The sharpest change came in the year to June 2023, when income rose by 323%. Over the whole period it spent 438% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for Sfjazz sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Charter School of Inquiry ($4.5m), Academy Charter School 2 ($4.5m) and Pinnacle Education Services ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.6% of the total. At year end it held assets of $22.9m against liabilities of $384k, net assets of $22.5m.