The Tom Coughlin Jay Fund Foundation Inc

Analysis

The Tom Coughlin Jay Fund Foundation Inc is a registered charity in United States, based in Ponte Vedra Beach, FL. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, The Tom Coughlin Jay Fund Foundation Inc reported income of $9.5m and spending of $5.7m, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $9.5m (+149%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 105%. Over the whole period it spent 73% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Tom Coughlin Jay Fund Foundation Inc 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 95th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Rally Foundation Inc ($9.5m), Community Foundation of West Kentucky Inc ($9.5m) and Historic Erie Preservation Trust ($9.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% of the total. Compensation of current officers, directors and key employees was $198k (3.5% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $35.9m against liabilities of $646k, net assets of $35.3m. It reported 18 employees.