Harold Colbert Jones Memorial Community Center

Analysis

Harold Colbert Jones Memorial Community Center is a registered charity in United States, based in Chicago HTS, IL. It received its IRS tax-exemption ruling in September 2011, 15 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 June 2023, Harold Colbert Jones Memorial Community Center reported income of $838k and spending of $892k, spending 106% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $627k to $838k (+34%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Harold Colbert Jones Memorial Community Center sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include Family Promise of Greater Wichita ($838k), Miami Homes for All Inc ($838k) and Shelter 37 Incorporated ($838k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $62k (6.9% of expenses). Other salaries and wages came to $468k. At year end it held assets of $658k against liabilities of $20k, net assets of $637k. It reported 39 employees.