Jubilee Park & Community Center Endowment Fund

Analysis

Jubilee Park & Community Center Endowment Fund is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jubilee Park & Community Center Endowment Fund reported income of $68k and spending of $13k, leaving 81% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $30k to $68k (+126%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 146%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jubilee Park & Community Center Endowment Fund sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include Mary F Clancy Charities Inc ($68k), National Christian Charitable Foundation Inc ($68k) and Vernon Julianne and Sylvia Julianne Trust ($68k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.