Witherspoon-jackson Development Corporation is a 501(c)(3) organization based in Princeton, New Jersey, registered in 2018, with $101 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$101
▼ 24.1% vs prior year
Community median: $184K
Expenses (FY2024)
$100K
Net assets
$754K
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 Witherspoon-jackson Development Corporation— 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 Witherspoon-jackson Development Corporation: 91 mo reserves · -98532% margin earns a F 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 Witherspoon-jackson Development Corporation— 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 Witherspoon-jackson Development Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $814K (FY2018) to $101 (FY2024) across 7 reported years.
Financial snapshot
Operating margin
-98531.7%
Spent more than it raised in the latest fiscal year.
Total assets
$754K
Total liabilities
$0
Net assets
$754K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $101▼24.1% | $99,618▲96.5% | $753,872▼11.7% | $753,872▼11.7% | 990 |
| 2023 | $133▼97.4% | $50,701▼37.0% | $853,389▼5.6% | $853,389▼5.6% | 990 |
| 2022 | $5,173▲2623% | $80,421▼5.9% | $903,957▼7.7% | $903,957▼7.7% | 990 |
| 2021 | $190▼98.3% | $85,483▲3.0% | $979,205▼7.4% | $979,205▼7.4% | 990 |
| 2020 | $10,864▼97.5% | $83,019▼14.1% | $1,057,289▼6.4% | $1,057,289▼6.4% | 990 |
| 2019 | $430,522▼47.1% | $96,606▲151% | $1,129,444▲43.4% | $1,129,444▲43.4% | 990 |
| 2018 | $813,673 | $38,443 | $787,578 | $787,578 | 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.
3 grants to Witherspoon-jackson Development Corporation totaling $1.3M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Princeton University | Contribution | 2019 | $208,350 |
| Princeton University | Contribution | 2018 | $1,016,750 |
| Princeton University | Contribution | 2017 | $25,000 |
Explore more
Data for Witherspoon-jackson Development Corporation (EIN 51-0177365) 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.