Janet C Clark Memorial Home Inc

Analysis

Janet C Clark Memorial Home Inc is a registered charity in United States, based in Crossville, TN. It received its IRS tax-exemption ruling in May 1978, 48 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Janet C Clark Memorial Home Inc reported income of $51k and spending of $66k, spending 129% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $87k to $51k (-41%), an average of -23% a year. The sharpest change came in the year to June 2024, when income dropped by 40%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Janet C Clark Memorial Home Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within TN. Charities of a similar size with the same main cause include Independent Living Partnership ($51k), Pro-Life Champions ($51k) and Marie a Wells Arts and Education Center Inc ($51k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 37% and program service revenue 59% of the total. At year end it held assets of $276k against liabilities of $2,170, net assets of $274k.