The James Family Charitable Trust

Analysis

The James Family Charitable Trust is a registered charity in United States, based in Jenkintown, PA. It received its IRS tax-exemption ruling in June 2015, 11 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The James Family Charitable Trust reported income of $86.7m and spending of $12.3m, leaving 86% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.1m to $86.7m (+964%), an average of +81% a year. The sharpest change came in the year to June 2023, when income rose by 149%. Over the whole period it spent 23% 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 Family Charitable Trust sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include Community Foundation of North Texas ($86.3m), Big East Conference Inc ($87.2m) and Mightycause Charitable Foundation ($86.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $326.3m against liabilities of $13.4m, net assets of $312.9m.