Just Trust for Education

Analysis

Just Trust for Education is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in February 2023, 3 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Just Trust for Education reported income of $45.4m and spending of $34.3m, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.6m to $45.4m (+2768%), an average of +2768% a year. The sharpest change came in the year to December 2023, when income rose by 2768%. Over the whole period it spent 73% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Just Trust for Education sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NC. Charities of a similar size with the same main cause include Coalition for Humane Immigrant Rights ($44.9m), Center for American Progress ($46.1m) and Disability Rights California ($43.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $1.8m (5.3% of expenses). Other salaries and wages came to $230k. At year end it held assets of $34.4m against liabilities of $21.7m, net assets of $12.7m. It reported 13 employees.