Jacksonville State University Foundation

Analysis

Jacksonville State University Foundation is a registered charity in United States, based in Jacksonville, AL. It received its IRS tax-exemption ruling in August 1980, 46 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 December 2023, Jacksonville State University Foundation reported income of $15.7m and spending of $13.4m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.1m to $15.7m (+72%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jacksonville State University Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 98th percentile within AL. Charities of a similar size with the same main cause include Chimes International Limited ($15.7m), Bowie State University Foundation ($15.7m) and Dunn School ($15.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 29% of the total. At year end it held assets of $231.7m against liabilities of $178.9m, net assets of $52.8m.