June Jessee Memorial Foundation

Analysis

June Jessee Memorial Foundation is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in October 2018, 8 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, June Jessee Memorial Foundation reported income of $296k and spending of $238k, spending 81% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $203k to $296k (+46%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 103%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, June Jessee Memorial Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within MO. Charities of a similar size with the same main cause include Quality of Life Foundation of Austin Inc ($296k), North Carolina State Elks Association Charitable TR ($296k) and Te Doy Foundation ($295k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $47k. It paid $6,946 in professional fundraising fees. At year end it held assets of $200k against liabilities of $0, net assets of $200k. It reported 3 employees.