Jefferson School African American Heritage Center

Analysis

Jefferson School African American Heritage Center is a registered charity in United States, based in Charlottesville, VA. It received its IRS tax-exemption ruling in May 2016, 10 years ago. 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 2024, Jefferson School African American Heritage Center reported income of $1.2m and spending of $1.1m, spending 87% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.0m to $1.2m (+18%), an average of +3.3% a year. The sharpest change came in the year to June 2022, when income rose by 91%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jefferson School African American Heritage Center sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within VA. Charities of a similar size with the same main cause include Society of Infectious Diseases Pharmacists ($1.2m), Ephrata Community Ambulance Association Inc ($1.2m) and American Legion Hospital ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 88% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $75k (7.1% of expenses). Other salaries and wages came to $207k. At year end it held assets of $1.1m against liabilities of $27k, net assets of $1.0m. It reported 5 employees.