Jackson Diamond Club Inc

Analysis

Jackson Diamond Club Inc is a registered charity in United States, based in Canton, OH. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jackson Diamond Club Inc reported income of $511k and spending of $482k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $472k to $511k (+8.3%), an average of +2.0% a year. The sharpest change came in the year to December 2020, when income dropped by 32%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jackson Diamond Club Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Park Hill School District Education Foundation Inc ($511k), Alexsander Academy Inc ($511k) and American Society of Diagnostic & Interventional Nephrology ($511k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 61% of the total. At year end it held assets of $411k against liabilities of $169k, net assets of $242k.