Jackson Manor Apartment Inc

Analysis

Jackson Manor Apartment Inc is a registered charity in United States, based in Yazoo City, MS. It received its IRS tax-exemption ruling in December 1989, 37 years ago. 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 April 2021, Jackson Manor Apartment Inc reported income of $249k and spending of $178k, leaving 29% of income unspent that year. Across the 3 years on record, from December 2019 to April 2021, income fell from $820k to $249k (-70%), an average of -45% a year. The sharpest change came in the year to April 2021, when income dropped by 70%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jackson Manor Apartment Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within MS. Charities of a similar size with the same main cause include Council for the Advancement of Standards in Higher Education ($249k), Classical Assn of the Middle West & South Inc ($249k) and P R Ministries ($249k).

On its Form 990 for the period ending April 2021, revenue came from contributions and grants 74% and program service revenue 22% of the total. Other salaries and wages came to $18k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 4 employees.