Jubilee School Inc
Analysis
Jubilee School Inc is a registered charity in United States, based in Moscow, ID. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Jubilee School Inc reported income of $908k and spending of $960k, spending 106% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $175k to $908k (+418%), an average of +73% a year. The sharpest change came in the year to June 2021, when income rose by 161%. Over the whole period it spent 104% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Jubilee School Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within ID. Charities of a similar size with the same main cause include Childrens Environmental Literacy Foundation ($907k), Richards Free Library ($908k) and Associated General Contractors of Texas Scholarship Foundation ($907k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 75% of the total. Other salaries and wages came to $508k. At year end it held assets of $90k against liabilities of $182k, net assets of -$91k. It reported 30 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 19%
- Program services 75%
- Other 5.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Childrens Environmental Literacy Foundation | Valhalla | $907k |
| Richards Free Library | Newport | $908k |
| Associated General Contractors of Texas Scholarship Foundation | Austin | $907k |
| Agassiz Preschool Inc | Somerville | $908k |