Jesse Stuart Foundation Inc

Analysis

Jesse Stuart Foundation Inc is a registered charity in United States, based in Ashland, KY. It received its IRS tax-exemption ruling in February 1980, 46 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 December 2023, Jesse Stuart Foundation Inc reported income of $123k and spending of $164k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $70k to $123k (+76%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 140%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jesse Stuart Foundation Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within KY. Charities of a similar size with the same main cause include Hawaii Womens Legal Foundation ($123k), Information Trust Exchange Governing Association ($123k) and Arc of New Jersey Inc ($123k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% of the total. Other salaries and wages came to $84k. At year end it held assets of $1.0m against liabilities of $24k, net assets of $1.0m. It reported 2 employees.