The Jeffie Foundation

Analysis

The Jeffie Foundation is a registered charity in United States, based in Gloucester, MA. It received its IRS tax-exemption ruling in February 2020, 6 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 July 2023, The Jeffie Foundation reported income of $69k and spending of $64k, spending 94% of its income. Across the 4 years on record, from July 2020 to July 2023, income fell from $891k to $69k (-92%), an average of -58% a year. The sharpest change came in the year to July 2022, when income dropped by 84%. Over the whole period it spent 10% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Jeffie Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 35th percentile within MA. Charities of a similar size with the same main cause include September 11th Widows and Victims Families Association Inc ($69k), Arrivederci Ald ($69k) and Greg Ambrose Charity Foundation ($69k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 55% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.