James Family Charitable Foundation
James Family Charitable Foundation maintains strong asset growth and zero reported officer compensation, with fluctuating but substantial revenues.
EIN: 137051493 · Charlottesville, VA · NTEE: T30J · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $122.0M |
| Total Expenses | $12.5M |
| Program Spending | 90% |
| Net Assets | $192.6M |
| Transparency Score | 90/100 |
Is James Family Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
James Family Charitable Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About James Family Charitable Foundation
James Family Charitable Foundation (EIN: 137051493) is a nonprofit organization based in Charlottesville, VA, classified under NTEE code T30J. The organization reported total revenue of $122.0M and total assets of $223.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of James Family Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
James Family Charitable Foundation is a major nonprofit that has been operating for 32 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 36.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $26.8M |
| Total Expenses | $12.5M |
| Surplus / Deficit | +$14.3M |
| Total Assets | $192.6M |
| Total Liabilities | $1 |
| Net Assets | $192.6M |
| Operating Margin | 53.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 184.2 months |
Financial Health Grade: A
In 2023, James Family Charitable Foundation reported a surplus of $14.3M with revenue exceeding expenses, holds 184.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), James Family Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 36.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +40.6% | +5.4% | +8.0% |
| 2022 | +14.7% | +0.9% | +4.2% |
| 2021 | +129.8% | +22.9% | +2.9% |
| 2020 | -26.6% | -5.1% | -0.8% |
| 2019 | -9.3% | +181.0% | +28.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates James Family Charitable Foundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, James Family Charitable Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $14.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through mechanisms not categorized as officer compensation on the 990, which is highly favorable for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of James Family Charitable Foundation's IRS 990 filings:
- Unusual consistent reporting of $1 in liabilities across all filings, which may obscure actual financial obligations.
Strengths
The following positive indicators were identified for James Family Charitable Foundation:
- Consistent zero reported officer compensation, indicating high efficiency in leadership costs.
- Significant and consistent growth in assets, from $51M in 2011 to $192M in 2023, demonstrating strong financial stewardship.
- Healthy surplus of revenue over expenses in most recent years (e.g., $26.8M revenue vs. $12.5M expenses in 2023), allowing for endowment growth and future grantmaking.
- High program focus, typical for a private grantmaking foundation, with minimal administrative overhead implied by zero officer compensation.
Frequently Asked Questions about James Family Charitable Foundation
Is James Family Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, James Family Charitable Foundation (EIN: 137051493) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does James Family Charitable Foundation spend its money?
James Family Charitable Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to James Family Charitable Foundation tax-deductible?
James Family Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 137051493). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does James Family Charitable Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), James Family Charitable Foundation is above average for NTEE category T30J nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is James Family Charitable Foundation located?
James Family Charitable Foundation is headquartered in Charlottesville, Virginia and files with the IRS under EIN 137051493. It is classified under NTEE code T30J.
How many years of IRS 990 filings does James Family Charitable Foundation have?
James Family Charitable Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $122.0M in total revenue.
What is the nature of the $1 liability reported consistently across all filings?
The consistent reporting of $1 in liabilities is unusual for an organization of this size and warrants clarification to understand if it represents a nominal placeholder or if actual liabilities are being reported differently.
How does the foundation manage its significant asset growth?
The foundation has grown its assets from $51,220,668 in 2011 to $192,606,673 in 2023, indicating effective investment and asset management strategies that contribute to its long-term sustainability.
What specific programs or organizations does the James Family Charitable Foundation support?
As a private grantmaking foundation (NTEE T30J), its primary mission is to provide grants. Further details on specific grantees would require reviewing the Schedule I of its 990 filings.
Filing History
IRS 990 filing history for James Family Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), James Family Charitable Foundation's revenue has grown by 4248.2%, moving from $617K to $26.8M. Total assets increased by 276% over the same period, from $51.2M to $192.6M. Total functional expenses rose by 1038.1%, from $1.1M to $12.5M. In its most recent filing year (2023), James Family Charitable Foundation reported a surplus of $14.3M, with revenue exceeding expenses. The organization holds $1 in liabilities against $192.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $192.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $26.8M | $12.5M | $192.6M | $1 | — | — |
| 2022 | $19.1M | $11.9M | $178.3M | $1 | — | View 990 |
| 2021 | $16.6M | $11.8M | $171.2M | $1 | — | View 990 |
| 2020 | $7.2M | $9.6M | $166.3M | $1 | — | View 990 |
| 2019 | $9.9M | $10.1M | $167.7M | $1 | — | View 990 |
| 2015 | $10.9M | $3.6M | $130.7M | $1 | — | View 990 |
| 2014 | $57.3M | $6.9M | $123.4M | $1 | — | View 990 |
| 2013 | $4.7M | $3.2M | $73.1M | $1 | — | View 990 |
| 2012 | $21.9M | $1.6M | $71.5M | $1 | — | View 990 |
| 2011 | $617K | $1.1M | $51.2M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $26.8M, expenses of $12.5M, and assets of $192.6M (revenue +40.6% year-over-year).
- 2022: Revenue of $19.1M, expenses of $11.9M, and assets of $178.3M (revenue +14.7% year-over-year).
- 2021: Revenue of $16.6M, expenses of $11.8M, and assets of $171.2M (revenue +129.8% year-over-year).
- 2020: Revenue of $7.2M, expenses of $9.6M, and assets of $166.3M (revenue -26.6% year-over-year).
- 2019: Revenue of $9.9M, expenses of $10.1M, and assets of $167.7M (revenue -9.3% year-over-year).
- 2015: Revenue of $10.9M, expenses of $3.6M, and assets of $130.7M (revenue -81.0% year-over-year).
- 2014: Revenue of $57.3M, expenses of $6.9M, and assets of $123.4M (revenue +1116.2% year-over-year).
- 2013: Revenue of $4.7M, expenses of $3.2M, and assets of $73.1M (revenue -78.5% year-over-year).
- 2012: Revenue of $21.9M, expenses of $1.6M, and assets of $71.5M (revenue +3455.2% year-over-year).
- 2011: Revenue of $617K, expenses of $1.1M, and assets of $51.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for James Family Charitable Foundation:
Data Sources and Methodology
This transparency report for James Family Charitable Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.