Jubilee Monuments Corp

Analysis

Jubilee Monuments Corp is a registered charity in United States, based in Sugar Land, TX. It received its IRS tax-exemption ruling in September 1986, 40 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Jubilee Monuments Corp reported income of $4.8m and spending of $4.3m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $992k to $4.8m (+384%), an average of +48% a year. The sharpest change came in the year to December 2022, when income rose by 188%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Jubilee Monuments Corp sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Habonim Camp Kvutza ($4.8m), Dallas Skyline Juniors Volleyball ($4.8m) and Littleton Soccer Club ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. Other salaries and wages came to $118k. At year end it held assets of $2.1m against liabilities of $7,243, net assets of $2.1m. It reported 3 employees.