Jameson Inc

Analysis

Jameson Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 1971, 55 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Jameson Inc reported income of $1.9m and spending of $1.4m, leaving 25% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income fell from $1.9m to $1.9m (-0.3%), an average of -0.1% a year. The sharpest change came in the year to December 2019, when income rose by 77%. Over the whole period it spent 61% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Jameson Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within IN. Charities of a similar size with the same main cause include Rainbow Community Center of Contra Costa County ($1.9m), Fleur de Lis Camp Inc ($1.9m) and Cy-Fair Sports Association Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $105k (7.3% of expenses). Other salaries and wages came to $378k. At year end it held assets of $10.3m against liabilities of $144k, net assets of $10.1m. It reported 54 employees.