Alma Jean Foundation

Analysis

Alma Jean Foundation is a registered charity in United States, based in Waianae, HI. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Alma Jean Foundation reported income of $60k and spending of $71k, spending 117% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $128k to $60k (-53%), an average of -22% a year. The sharpest change came in the year to December 2023, when income rose by 417%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alma Jean Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within HI. Charities of a similar size with the same main cause include SHS Football Boosters ($60k), Mves PTO Inc ($60k) and Mountain Parent Club ($60k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.

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.