JD Sheth Foundation Inc

Analysis

JD Sheth Foundation Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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, JD Sheth Foundation Inc reported income of $961k and spending of $339k, leaving 65% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $431k to $961k (+123%), an average of +123% a year. The sharpest change came in the year to December 2023, when income rose by 123%. Over the whole period it spent 47% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, JD Sheth Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within IN. Charities of a similar size with the same main cause include Wagner Free Institute of Science ($961k), Big Sur Volunteer Fire Brigade ($961k) and Key West Literary Seminar Inc ($961k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 18% of the total. At year end it held assets of $818k against liabilities of $0, net assets of $818k.