Jefferson Community Foundation

Analysis

Jefferson Community Foundation is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in October 2019, 7 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 (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jefferson Community Foundation reported income of $543k and spending of $458k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $294k to $543k (+85%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 392%. Over the whole period it spent 58% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jefferson Community Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within LA. Charities of a similar size with the same main cause include Golisano Autism Center Inc ($543k), Sandy Rollman Ovarian Cancer Foundation Inc ($544k) and New York Asian Film Foundation Inc ($543k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $98k (21% of expenses). At year end it held assets of $929k against liabilities of $9,352, net assets of $919k. It reported 1 employees.