Jubilee Consortium

Analysis

Jubilee Consortium is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 2002, 24 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, Jubilee Consortium reported income of $293k and spending of $319k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $415k to $293k (-29%), an average of -8.3% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jubilee Consortium sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Fair Park Senior Center ($293k), Revisions Community Housing Development Organization ($293k) and Muirs Little Scholars Inc ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $25k (7.8% of expenses). Other salaries and wages came to $182k. At year end it held assets of $52k against liabilities of $25k, net assets of $27k. It reported 15 employees.