The James C Ferrer Education Fund Inc

Analysis

The James C Ferrer Education Fund Inc is a registered charity in United States, based in Southampton, NY. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, The James C Ferrer Education Fund Inc reported income of $391k and spending of $234k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $187k to $391k (+109%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 127%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The James C Ferrer Education Fund Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include West Central Partnership Inc ($391k), Blue Lotus Farm & Retreat Center ($391k) and Eagles Wings Christian Love in Action ($390k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $1.6m against liabilities of $9,501, net assets of $1.6m.