Jacobs Place Homeless Mission

Analysis

Jacobs Place Homeless Mission is a registered charity in United States, based in Searcy, AR. It received its IRS tax-exemption ruling in October 2013, 13 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jacobs Place Homeless Mission reported income of $136k and spending of $128k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $117k to $136k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 86% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Jacobs Place Homeless Mission sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within AR. Charities of a similar size with the same main cause include Westmoreland Apartments Inc ($135k), Hearthstone Group ($136k) and Hilltop Manor Inc ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.