Jubilee Jobs of Lexington Inc

Analysis

Jubilee Jobs of Lexington Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 Jobs of Lexington Inc reported income of $444k and spending of $361k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $244k to $444k (+82%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 40%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Jubilee Jobs of Lexington Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within KY. Charities of a similar size with the same main cause include Recharge America Inc ($444k), Coalition of Africian Communities - Philadelphia ($444k) and Georgia City-County Management Association Inc ($444k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $215k. At year end it held assets of $652k against liabilities of $0, net assets of $652k. It reported 6 employees.