Jubilee University

Analysis

Jubilee University is a registered charity in United States, based in Lexington, MO. It received its IRS tax-exemption ruling in March 2021, 5 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 2024, Jubilee University reported income of $361k and spending of $578k, spending 160% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income grew from $84k to $361k (+328%), an average of +62% a year. The sharpest change came in the year to June 2022, when income rose by 926%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jubilee University sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within MO. Charities of a similar size with the same main cause include Vermont Center for Integrativeherbalism ($361k), Leadership for Development ($361k) and Olive Free Library Association ($361k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $119k. At year end it held assets of $607k against liabilities of $84k, net assets of $523k. It reported 4 employees.