Jasper County Neighbors United Inc

Analysis

Jasper County Neighbors United Inc is a registered charity in United States, based in Hardeeville, SC. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 September 2023, Jasper County Neighbors United Inc reported income of $203k and spending of $223k, spending 110% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $278k to $203k (-27%), an average of -7.6% a year. The sharpest change came in the year to September 2020, when income rose by 23%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Jasper County Neighbors United 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 54th percentile, and in the 59th percentile within SC. Charities of a similar size with the same main cause include The Builder Foundation ($202k), Denison Main Street Inc ($203k) and Rotary Club of Denver Southeast Foundation ($202k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 21% of the total. Compensation of current officers, directors and key employees was $78k (35% of expenses). At year end it held assets of $2.3m against liabilities of $1.1m, net assets of $1.2m. It reported 3 employees.