The Jill Fox Memorial Fund Inc

Analysis

The Jill Fox Memorial Fund Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in March 1980, 46 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 under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Jill Fox Memorial Fund Inc reported income of $273k and spending of $201k, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $41k to $273k (+568%), an average of +61% a year. The sharpest change came in the year to June 2021, when income rose by 765%. Over the whole period it spent 272% 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 Jill Fox Memorial Fund Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MD. Charities of a similar size with the same main cause include Lake Cities Education Foundation Inc ($273k), Isaac Dickson Elementary PTO ($273k) and Peace Lutheran School Association Inc ($273k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.1% of the total. Other salaries and wages came to $126k. At year end it held assets of $3.1m against liabilities of $0, net assets of $3.1m.