Jubilee Centers International

Analysis

Jubilee Centers International is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Jubilee Centers International reported income of $793k and spending of $926k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $594k to $793k (+33%), an average of +7.5% a year. The sharpest change came in the year to December 2020, when income rose by 35%. Over the whole period it spent 94% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Jubilee Centers International sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within MI. Charities of a similar size with the same main cause include Cornerstone Foundation ($792k), Friends of Mexican Development Foundation ($793k) and Nishimura Global Peace Inc ($790k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $76k (8.2% of expenses). Other salaries and wages came to $59k. It paid $17k in professional fundraising fees. At year end it held assets of $499k against liabilities of $8,066, net assets of $491k. It reported 4 employees.