Joseph C Bancroft Charitable & Educational Fund is a 501(c)(3) organization based in Mccomb, Mississippi, registered in 1998, with $6,800,837 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$6.8M
▲ 10.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$7.8M
Net assets
$182.2M
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 Joseph C Bancroft Charitable & Educational Fund— 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 Joseph C Bancroft Charitable & Educational Fund: 280 mo reserves · -15% margin earns a C+ 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 Joseph C Bancroft Charitable & Educational Fund— 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 Joseph C Bancroft Charitable & Educational Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $24.3M (FY2013) to $6.8M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-14.9%
Spent more than it raised in the latest fiscal year.
Total assets
$204.0M
Total liabilities
$21.8M
Net assets
$182.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,800,837▲10.4% | $7,811,542▲63.4% | $182,192,766▲0.3% | $203,994,196▲1.5% | 990 |
| 2023 | $6,161,473▼0.3% | $4,781,533▲7.8% | $181,715,398▲2.6% | $200,978,348▲3.6% | 990 |
| 2022 | $6,181,563▲42.6% | $4,434,870▲12.5% | $177,150,516▼2.2% | $193,902,263▼0.9% | 990 |
| 2021 | $4,336,128▼39.3% | $3,940,753▲3.8% | $181,157,917▲0.6% | $195,688,163▲1.6% | 990 |
| 2020 | $7,148,604▲35.1% | $3,796,169▲3.5% | $180,075,070▲1.0% | $192,521,165▲1.9% | 990 |
| 2019 | $5,289,980▼80.4% | $3,669,064▼86.5% | $178,322,437▼3.2% | $188,982,857▲1.4% | 990 |
| 2018 | $26,988,697▲12.3% | $27,160,011▲4.2% | $184,181,405▲0.2% | $186,431,955▼0.1% | 990 |
| 2017 | $24,034,073▼19.7% | $26,072,835▼3.5% | $183,781,267▼0.4% | $186,681,210▼0.1% | 990 |
| 2016 | $29,936,378▼10.1% | $27,014,835▼12.7% | $184,478,637▲7.1% | $186,862,515▲6.8% | 990 |
| 2015 | $33,299,943▲15.6% | $30,928,449▲0.6% | $172,198,082▼4.1% | $174,992,982▼4.9% | 990 |
| 2014 | $28,801,002▲18.5% | $30,728,971▲23.0% | $179,568,865▼0.7% | $183,953,283▲0.4% | 990 |
| 2013 | $24,305,607 | $24,989,915▲4.9% | $180,894,615▼0.9% | $183,202,798▼3.1% | 990 |
| 2012 | — | $23,821,754▲6.3% | $182,544,114▲2.2% | $189,125,562▲4.7% | 990 |
| 2011 | — | $22,419,663▼1.8% | $178,697,334▲4.4% | $180,661,572▲4.3% | 990 |
| 2010 | — | $22,828,582 | $171,184,215 | $173,145,314 | 990 |
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 Joseph C Bancroft Charitable & Educational Fund (EIN 58-2340181) 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.