Wesley Jackson Highlands Inc

Analysis

Wesley Jackson Highlands Inc is a registered charity in United States, based in Cordova, TN. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Wesley Jackson Highlands Inc reported income of $497k and spending of $632k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $455k to $497k (+9.2%), an average of +2.2% a year. Over the whole period it spent 118% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Wesley Jackson Highlands Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within TN. Charities of a similar size with the same main cause include Santa Cruz Hostel Society ($497k), Housing Partnerships Inc ($497k) and Judson Terrace Lodge ($497k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. Other salaries and wages came to $71k. At year end it held assets of $1.8m against liabilities of $3.0m, net assets of -$1.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.