Jacksonville Urban League Economic and Community Development FDN Inc

Analysis

Jacksonville Urban League Economic and Community Development FDN Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Jacksonville Urban League Economic and Community Development FDN Inc reported income of $332k and spending of $254k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $240k to $332k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 109% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Jacksonville Urban League Economic and Community Development FDN Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Mutual Aid Partners ($332k), Pennsylvania State Association of County Fairs ($332k) and Dekalb County Senior Citizens Council Inc ($332k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% of the total. Compensation of current officers, directors and key employees was $53k (21% of expenses). Other salaries and wages came to $30k. At year end it held assets of $1.2m against liabilities of $262k, net assets of $951k. It reported 2 employees.