J Sargeant Reynolds Community

Analysis

J Sargeant Reynolds Community is a registered charity in United States, based in Henrico, VA. It received its IRS tax-exemption ruling in October 1979, 47 years ago. Its declared purposes cover education, which this site groups under education and training. 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, J Sargeant Reynolds Community reported income of $3.7m and spending of $2.8m, leaving 26% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $4.2m to $3.7m (-10%), an average of -2.7% a year. The sharpest change came in the year to June 2024, when income rose by 34%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, J Sargeant Reynolds Community sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within VA. Charities of a similar size with the same main cause include Generation Schools Network Inc ($3.7m), Solomon Schechter Day School of Greater Monmouth County Inc ($3.7m) and Uab Athletics Foundation ($3.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 55% and program service revenue 4.6% of the total. Compensation of current officers, directors and key employees was $31k (1.1% of expenses). Other salaries and wages came to $251k. At year end it held assets of $22.6m against liabilities of $402k, net assets of $22.2m. It reported 24 employees.