James Madison Universityreal Estate Foundation Inc

Analysis

James Madison Universityreal Estate Foundation Inc is a registered charity in United States, based in Harrisonburg, VA. It received its IRS tax-exemption ruling in November 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, James Madison Universityreal Estate Foundation Inc reported income of $220k and spending of $91k, leaving 58% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $52k to $220k (+327%), an average of +44% a year. The sharpest change came in the year to June 2023, when income rose by 546%. Over the whole period it spent 323% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, James Madison Universityreal Estate Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within VA. Charities of a similar size with the same main cause include Heritage High School Football Booster Club ($220k), Mishkah Academy Corporation ($220k) and Local 39 Educational Scholarship Fund ($220k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 12% of the total. At year end it held assets of $4.9m against liabilities of $0, net assets of $4.9m.