Jefferson Street Center Inc

Analysis

Jefferson Street Center Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in March 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jefferson Street Center Inc reported income of $233k and spending of $163k, leaving 30% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $305k to $233k (-24%), an average of -8.6% a year. The sharpest change came in the year to December 2023, when income rose by 108%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jefferson Street Center Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 52nd percentile within DE. Charities of a similar size with the same main cause include Rotary Club of Asheville Foundation Inc ($233k), E F E P Corp ($233k) and Arewa Aid Inc ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $57k (35% of expenses). At year end it held assets of $182k against liabilities of $135, net assets of $182k. It reported 1 employees.