Jexal Foundation

Analysis

Jexal Foundation is a registered charity in United States, based in Duncan, OK. It received its IRS tax-exemption ruling in May 1991, 35 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jexal Foundation reported income of $746k and spending of $270k, leaving 64% of income unspent that year. Across the 4 years on record, from November 2019 to December 2023, income fell from $973k to $746k (-23%), an average of -8.5% a year. The sharpest change came in the year to December 2022, when income rose by 166%. Over the whole period it spent 28% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jexal Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within OK. Charities of a similar size with the same main cause include Lee Pesky Learning Center Endowment Inc ($745k), Ignitemobile Inc ($746k) and District 5 Hospital Preparednessplanning Committee Inc ($745k).

Compensation of current officers, directors and key employees was $150k (55% of expenses). At year end it held assets of $15.8m against liabilities of $191k, net assets of $15.6m. It reported 2 employees.