Jefferson Courtyard Inc

Analysis

Jefferson Courtyard Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Jefferson Courtyard Inc reported income of $93k and spending of $115k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $115k to $93k (-20%), an average of -5.3% a year. The sharpest change came in the year to December 2022, when income dropped by 26%. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jefferson Courtyard Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within TN. Charities of a similar size with the same main cause include Olive Branch Community Emergency Food Ministry Inc ($93k), Middleburg Fish ($93k) and A Better Way Food Co-Op Inc ($93k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.3% and program service revenue 95% of the total. Other salaries and wages came to $30k. At year end it held assets of $336k against liabilities of $597k, net assets of -$261k.