Jacksonville Public Education Fund Inc

Analysis

Jacksonville Public Education Fund Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in May 1988, 38 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 2023, Jacksonville Public Education Fund Inc reported income of $2.4m and spending of $2.5m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $2.4m (+10%), an average of +2.5% a year. The sharpest change came in the year to June 2020, when income rose by 107%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jacksonville Public Education Fund 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 87th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Fuente Nueva Charter School ($2.4m), Foundation of the Wisconsin Automobile & Truck Dealers Assoc ($2.4m) and Southeastern Free Will Baptist Bible College Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $163k (6.6% of expenses). Other salaries and wages came to $785k. At year end it held assets of $3.9m against liabilities of $145k, net assets of $3.8m. It reported 18 employees.