Kearney Jubilee Center

Analysis

Kearney Jubilee Center is a registered charity in United States, based in Kearney, NE. It received its IRS tax-exemption ruling in April 1989, 37 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 March 2024, Kearney Jubilee Center reported income of $328k and spending of $396k, spending 121% of what it took in. Across the 6 years on record, from March 2019 to March 2024, income grew from $229k to $328k (+43%), an average of +7.4% a year. The sharpest change came in the year to March 2021, when income rose by 81%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kearney Jubilee Center sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within NE. Charities of a similar size with the same main cause include Womanspace Inc ($328k), Leon County Domestic Violence Advocates Inc ($328k) and Rho Omega and Friends Inc ($328k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 51% and program service revenue 41% of the total. Other salaries and wages came to $180k. At year end it held assets of $560k against liabilities of $2,074, net assets of $558k. It reported 28 employees.