Jones County Junior College Foundation Inc

Analysis

Jones County Junior College Foundation Inc is a registered charity in United States, based in Ellisville, MS. It received its IRS tax-exemption ruling in June 1989, 37 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 June 2023, Jones County Junior College Foundation Inc reported income of $2.6m and spending of $2.1m, leaving 20% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.3m to $2.6m (+104%), an average of +27% a year. The sharpest change came in the year to June 2021, when income rose by 229%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jones County Junior College Foundation Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within MS. Charities of a similar size with the same main cause include Mid Shore Council on Family Violence Inc ($2.6m), Christian Churches United of the Tri-County Area ($2.6m) and Ronald McDonald House Charities of Hawaii Inc ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% of the total. Other salaries and wages came to $120k. At year end it held assets of $16.0m against liabilities of $7,497, net assets of $16.0m.