Jenkins Living Center Inc

Analysis

Jenkins Living Center Inc is a registered charity in United States, based in Watertown, SD. It received its IRS tax-exemption ruling in March 1965, 61 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Jenkins Living Center Inc reported income of $10.2m and spending of $11.5m, spending 113% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $12.4m to $10.2m (-17%), an average of -4.6% a year. The sharpest change came in the year to March 2023, when income dropped by 21%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jenkins Living Center Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within SD. Charities of a similar size with the same main cause include Friendly House Inc ($10.2m), Community Link Inc ($10.2m) and Community Resource Center ($10.2m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 0.7% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $184k (1.6% of expenses). Other salaries and wages came to $6.6m. At year end it held assets of $12.7m against liabilities of $1.6m, net assets of $11.1m. It reported 265 employees.