Justice Industries Inc

Analysis

Justice Industries Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Justice Industries Inc reported income of $428k and spending of $431k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $241k to $428k (+78%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Justice Industries Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within TN. Charities of a similar size with the same main cause include Rowayton Civic Association Inc ($428k), Laurel District Association ($429k) and Villages Woodworkers Club Inc ($428k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $72k (17% of expenses). Other salaries and wages came to $110k. At year end it held assets of $117k against liabilities of $40k, net assets of $76k. It reported 21 employees.