Jae S Lim Foundation is a 501(c)(3) organization based in Wilmington, Delaware, registered in 2011, with $4,443,766 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$4.4M
▲ 58.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$2.1M
Net assets
$23.6M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Jae S Lim Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Jae S Lim Foundation: 137 mo reserves · +54% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Jae S Lim Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Jae S Lim Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $2.6M (FY2013) to $4.4M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
53.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$23.6M
Total liabilities
$129
Net assets
$23.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,443,766▲58.5% | $2,066,288▲1.5% | $23,576,790▲11.2% | $23,576,919▲11.2% | 990PF |
| 2023 | $2,802,860▲302% | $2,035,014▲79.0% | $21,199,312▲3.8% | $21,199,818▲3.7% | 990PF |
| 2022 | $696,857▼71.8% | $1,136,573▲35.9% | $20,431,466▼2.1% | $20,433,930▼2.1% | 990PF |
| 2021 | $2,472,286▼42.6% | $836,634▼26.2% | $20,871,182▲8.5% | $20,871,182▲8.5% | 990PF |
| 2020 | $4,304,496▲60.0% | $1,132,886▲1.4% | $19,235,530▲19.7% | $19,235,613▲19.7% | 990PF |
| 2019 | $2,689,613▲12.1% | $1,117,294▼28.0% | $16,063,920▲10.8% | $16,063,997▲10.9% | 990PF |
| 2018 | $2,399,127▲1.7% | $1,552,066▲204% | $14,491,601▲6.2% | $14,491,601▲6.2% | 990PF |
| 2017 | $2,359,487▼23.4% | $510,982▲153% | $13,644,540▲15.7% | $13,644,540▲15.7% | 990PF |
| 2016 | $3,078,761▲72.5% | $202,093▼49.0% | $11,796,035▲32.3% | $11,796,035▲32.3% | 990PF |
| 2015 | $1,784,910▼38.6% | $396,561▼35.9% | $8,919,367▲18.4% | $8,919,367▲18.4% | 990PF |
| 2014 | $2,906,543▲13.9% | $618,592▲753% | $7,531,018▲43.6% | $7,531,018▲43.6% | 990PF |
| 2013 | $2,552,695 | $72,481▲10.7% | $5,243,067▲89.8% | $5,243,067▲89.8% | 990PF |
| 2012 | — | $65,488▲1632% | $2,762,853▲89.1% | $2,762,853▲89.1% | 990PF |
| 2011 | — | $3,781 | $1,461,334 | $1,461,334 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Jae S Lim Foundation (EIN 27-2910858) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.