JLBC Community Alliance Inc

Analysis

JLBC Community Alliance Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in September 2012, 14 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, JLBC Community Alliance Inc reported income of $285k and spending of $222k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $153k to $285k (+86%), an average of +86% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, JLBC Community Alliance Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within NC. Charities of a similar size with the same main cause include Itnbluegrass Inc ($285k), Urban Community Agri-Nomics ($285k) and Oec Foundation Inc ($285k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $136k. At year end it held assets of $209k against liabilities of $0, net assets of $209k. It reported 4 employees.