Friends of Jemison Park

Analysis

Friends of Jemison Park is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in August 1974, 52 years ago. 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, Friends of Jemison Park reported income of $1.4m and spending of $1.4m, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $926k to $1.4m (+48%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Jemison Park sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within AL. Charities of a similar size with the same main cause include United States Association for Blind Athletes Inc ($1.4m), Cleveland Psychosocial Services Inc ($1.4m) and Devcorp North ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $807k against liabilities of $0, net assets of $807k.