Jackson Local Schools Foundation

Analysis

Jackson Local Schools Foundation is a registered charity in United States, based in Canton, OH. It received its IRS tax-exemption ruling in March 2013, 13 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, Jackson Local Schools Foundation reported income of $127k and spending of $42k, leaving 67% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $127k (+118%), an average of +118% a year. The sharpest change came in the year to December 2023, when income rose by 118%. Over the whole period it spent 42% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jackson Local Schools Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within OH. Charities of a similar size with the same main cause include Brighton Competition Team Inc ($127k), Villa Rica High School Band Boosters ($127k) and Mary Seat of Wisdom Academy Inc ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% of the total. At year end it held assets of $344k against liabilities of $1,225, net assets of $342k.