Jeannette Rankin Foundation Inc

Analysis

Jeannette Rankin Foundation Inc is a registered charity in United States, based in Athens, GA. It received its IRS tax-exemption ruling in December 1976, 50 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 May 2023, Jeannette Rankin Foundation Inc reported income of $1.6m and spending of $1.2m, leaving 23% of income unspent that year. Across the 4 years on record, from May 2020 to May 2023, income grew from $829k to $1.6m (+94%), an average of +25% a year. The sharpest change came in the year to May 2022, when income rose by 175%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jeannette Rankin Foundation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within GA. Charities of a similar size with the same main cause include Fed of State Humanities Councils ($1.6m), Palmetto State Growth Fund Inc ($1.6m) and Haverford Township Free Library Assn ($1.6m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $163k (13% of expenses). Other salaries and wages came to $172k. It paid $77k in professional fundraising fees. At year end it held assets of $3.4m against liabilities of $130k, net assets of $3.3m. It reported 14 employees.