Jacobs Village Inc

Analysis

Jacobs Village Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in September 1999, 27 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, Jacobs Village Inc reported income of $424k and spending of $412k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $422k to $424k (+0.4%), an average of +0.1% a year. The sharpest change came in the year to December 2022, when income dropped by 35%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jacobs Village Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within IN. Charities of a similar size with the same main cause include Lemhi County Crisis Intervention Inc ($424k), Hope 4 Kids Incorporated ($424k) and Wayne County Childrens Advocacy Center Inc ($424k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $63k (15% of expenses). Other salaries and wages came to $57k. At year end it held assets of $4.8m against liabilities of $181k, net assets of $4.6m. It reported 3 employees.