Jacksonville Promise NFP

Analysis

Jacksonville Promise NFP is a registered charity in United States, based in Jacksonville, IL. It received its IRS tax-exemption ruling in December 2014, 12 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, Jacksonville Promise NFP reported income of $193k and spending of $134k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $991k to $193k (-81%), an average of -80% a year. The sharpest change came in the year to December 2023, when income dropped by 81%. Over the whole period it spent 20% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jacksonville Promise NFP sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within IL. Charities of a similar size with the same main cause include Pike Industry Housing Corporation ($193k), Beer Miriam Charitable Foundation ($193k) and Forsyth Backpack Program ($193k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.