Jubilee Center of Midland

Analysis

Jubilee Center of Midland is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in March 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 September 2023, Jubilee Center of Midland reported income of $145k and spending of $112k, leaving 23% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $140k to $145k (+3.7%), an average of +3.7% a year. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jubilee Center of Midland sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Eagle Valley Senior Life Inc ($145k), Society of St Vincent de Paul St Timothy Conference ($145k) and Bienvenidos a Gallatin Valley ($145k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $234k against liabilities of $781, net assets of $234k.