Jackson Preparatory School Foundation

Analysis

Jackson Preparatory School Foundation is a registered charity in United States, based in Flowood, MS. It received its IRS tax-exemption ruling in January 1991, 35 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Jackson Preparatory School Foundation reported income of $13.3m and spending of $13.4m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.6m to $13.3m (+4.9%), an average of +1.2% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jackson Preparatory School Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within MS. Charities of a similar size with the same main cause include Camp Ramah in California Inc ($13.3m), Centro de Servicios Primarios de Sa Lud Inc ($13.3m) and Nourish Pierce County ($13.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $672k (5.0% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $43.7m against liabilities of $17.6m, net assets of $26.1m. It reported 176 employees.